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Eletronuclear Received Approval for Credit of Over 700 Million Reais to Resume Construction of the Angra 3 Nuclear Plant.
Eletronuclear claims that by 2021 it aims to have something tangible to show the public regarding the progress of the Angra 3 nuclear plant. Eletrobras is also part of the efforts to resume the construction of the nuclear plant.
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Eletronuclear and Dividend Payments
According to the government, the amount of credit released for Eletrobras refers to the fact that the state-owned company incurred significant debts when it decided to take over the Angra 3 plant; thus, the loan will serve not only to settle these debts but also to resolve fiscal issues with Ibama, which recently halted the start of construction of the nuclear plant until the fine is paid.
With the decision resting with Eletrobras, the expectation is that the construction of the Angra 3 Nuclear Plant will commence by October next year (2021).
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The government plans to initiate the second phase of construction in mid-2022 after hiring a company through an EPC – engineering, procurement, and construction contract – for the completion of Angra 3.
Angra 3 Nuclear Plant
Angra 3 will be the third plant of the Almirante Álvaro Alberto Nuclear Center (CNAAA), located at Itaorna Beach, in Angra dos Reis (RJ). When it enters commercial operation, the new unit with a capacity of 1,405 megawatts will be able to generate over 12 million megawatt-hours per year, enough energy to supply the cities of Brasília and Belo Horizonte during the same period. With Angra 3, nuclear energy will account for 50% of the consumption in the State of Rio de Janeiro.
Angra 3 is a twin sister of Angra 2. Both feature German technology from Siemens/KWU (now Areva ANP). The construction stages of the Unit include civil works, electromechanical assembly, commissioning of equipment and systems, and operational testing.
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