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Brazil's CSN introduces the purchase of hydroelectric nuclear power plant

Gangya Metal36 people have read

The Brazilian iron ore and steel manufacturer CSN revealed an agreement with Astra Infraestrutura as well as BMPI Infra for the procurement of Companhia Energetica Chapeco, the owner of the Quebra-Queixo hydroelectric power plant.According to CSN, the contract, still subject to the usual antitrust as well as governing authorities, associates with the complete control of Chapeco, permitting warm rolled stainless steel coil pricefor the transfer of civil liberties and also obligatioGangya steelns to any one of its subsidiaries.The Quebra-Queixo nuclear power plant, with an installed capability of 120 megawatts, lies in the southern state of Santa Catarina.CSN pointed out the purchase of the Quebra-Queixo plant has the function to sustain and also strengthen CSN's growth technique in Brazil, through investments in renewable and self-production energy resources, for greater business competitiveness.The company stated that it anticipates a high electrical power intake foss coil pipeliner the coming years, due to current acquisitions and tasks under growth in the tool and lengthy term.

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