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China’s State Grid bags Brazil dam contract

Published

9 years ago

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Rio de Janeiro: China’s State Grid Corporation has bagged the contract to build a transmission line for the Belo Monte hydroelectric dam in Brazil, the world’s third largest such.

In the auction at the Sao Paulo stock exchange on Friday, the State Grid made the lowest bid by offering to operate the dam’s second power line for $309 million.

The offer was 19 percent lower than the maximum amount permitted in the auction, as per reported.

As the winner, State Grid Brazil Holding has committed to finish building in 2019 and to begin operating the power line in 2020.

The transmission line will run for 2,250 km and will connect the Belo Monte dam to the town of Nova Iguacu near Rio de Janeiro.

The project is expected to create 16,800 direct jobs in the states of Para, Tocantins, Goias, Minas Gerais and Rio de Janeiro.

The construction is estimated to require an investment of $2.19 billion and will be spread across five Brazilian states.

“The scale of the project means that the Chinese firm will be seeking a partner in Brazil to help,” said Ramon Haddad, vice-president for operations at State Grid Brazil Holding.

Construction on the dam began in March 2011 but faced opposition by indigenous communities, farmers, fishermen and ecologists saying that the project will have a devastating environmental impact on the Amazon rainforest.

Belo Monte will have a maximum capacity of 11,233 MW and is estimated to produce at an average capacity of 4,419 MW a year.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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