China National Nuclear Corporation interested in Angra 3 nuclear power plant in Brazil

20 July 2017

The China National Nuclear Corporation (CNNC) is interested in participating in the conclusion of construction of Brazil’s Angra 3 nuclear power plant which have been halted since 2015, daily newspaper O Globo reported.

According to the Brazilian newspaper, 70% of the Angra 3 nuclear power plant is completed, requiring an investment of US$13 billion so that it can finish the work that has been ongoing for thirty years.

CNNC is competing for the completion of the work with Franco-Japanese consortium Areva/Mitsubishi and Russia’s Rosatom.

O Globo said CNNC is not only interested in the Angra 3 project but also in selling nuclear reactors to Brazil.

Brazil’s National Energy Policy Council (CNPE) is expected in September to make a decision on whether the construction project will continue when it is due to negotiate with foreign stakeholders and Brazilian company Eletronuclear (Eletrobrás Termonuclear S.A.).

The chairman of Eletrobrás, Wilson Ferreira, recently said the work can only be completed in 2021.

Angra 3 is under construction on Itaoca beach, in Angra dos Reis, in the state of Rio de Janeiro. (macauhub)