BRIEF-ArcelorMittal says Brazil unit to supply steel for Belo Monte hydroelectric dam

viernes 19 de septiembre de 2014 11:20 GYT

Sept 19 (Reuters) - Arcelormittal SA :

* Arcelormittal Steel in the world's third largest hydroelectric dam

* Arcelormittal Brazil is supplying 50,000 tonnes of steel for Belo Monte hydroelectric dam complex on the Xingu river in the state of Pará

* First shipment took place in October 2012 and so far 30,000 tonnes of steel have been supplied

* Additional 20,000 tonnes are expected to be delivered by the end of 2017

* Project is budgeted at $26 billion, generating nearly 30,000 jobs

* Once completed, the plant will significantly increase the supply of renewable electricity in Brazil

* Plant's planned installed capacity would be 11,233 MW, which corresponds to 40 pct of residential consumption and 10 pct of total consumption Further company coverage: