Utilities will be offered tax incentives in Brazil to produce nuclear energy, according to BNamericas.
The incentives are part of the government’s plan to encourage new investments in the nuclear industry. The plan includes the end of the industrial product tax and equipment import tax on construction and infrastructure materials, the article said.
The announcement comes after Eletronuclear, a subsidiary of Eletrobras (NYSE: EBR) said the opening of its 1.41 GW Angra 3 nuclear power plant would be delayed beyond 2016 due to construction delays. The plant was originally scheduled to begin operations by the end of 2015.
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