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EDP Delays Construction of Alvito Hydropower Plant, Jornal Says

EDP-Energias de Portugal SA, a Portuguese utility, delayed the construction of the Alvito hydropower plant in northern Portugal by three years, Jornal de Negocios reported, citing an unidentified company official.

EDP has told the municipalities and companies involved in the project about its decision to suspend the investment of about 360 million euros as it studies different technical alternatives for the dam, the Portuguese newspaper said.

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