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    market news

    Brazil Outlines Post-Fukushima Actions

    Investing News Network
    Aug. 24, 2011 01:02PM PST
    Energy Investing

    WNN reports Brazil’s only operating nuclear power plant will be evaluated for safety in response to the Fukushima accident.

    WNN reports Brazil’s only operating nuclear power plant will be evaluated for safety in response to the Fukushima accident.

    The market news is quoted as saying:

    The state company owns and operates two pressurized water reactors at Angra, while a third reactor is under construction there and due to enter commercial operation in 2016. A working group it set up in response to the 11 March earthquake and tsunami that hit the Japanese nuclear power plant has now delivered its first report, and a budget of BRL300 million ($187 million) has been allocated to a five-year plan of improvements to nuclear safety and security for this sole nuclear power site.

    Click here to access the entire news.

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