The Brazilian government aims at resuming the construction of the 1,245 MWe (1,405 MWe gross) Angra-3 nuclear reactor project in Angra dos Reis (state of Rio de Janeiro, Brazil), which has been halted since 2015. It expects to complete the construction of the unit by 2026 with the help of private investment. The reference tariff for the project has been nearly doubled to BRL480/MWh (US$126/MWh) and five companies have expressed interest in investing in the project so far. According to the latest estimates, it would cost an estimated BRL15bn (US$3.9bn).
The Angra-3 reactor will be located at the Angra site where two pressurized water reactors are already generating power (Angra-1, 640 MWe and Angra-2 1,350 MWe). The construction started in 2010 and was halted in 2015 amid bribe allegations, which led in turn to several arrests and spurred an investigation by public prosecutors. The project owner and operator is Eletrobras Eletronuclear, a subsidiary of the state-run power utility Eletrobras.