With investments totaling about $170 million, the project resulted in the construction of a power plant that can reach a maximum capacity of 315 megawatts, while maintaining an average capacity of 74 megawatts. annually.
The project was completed three months ahead of schedule and includes a 65-kilometer-long 500 kV transmission line.
Everton Negreciolo, director of ArcelorMittal, said that all energy generated will be distributed to the company's operations, which will help diversify its energy sources, reduce production costs and increase competitiveness.
Luis Carlos is part of ArcelorMittal's $1.0 billion renewable energy investment plan, including a solar/wind power plant in the state of Bahia, as part of its strategy to achieve 100 percent renewable energy consumption by 2030.
