Construction rss

Russia signs framework agreement for Vietnam's Ninh Thuan 1

New Nuclear

03 August 2015

Savushkin, Lam sign agreement in Hanoi - 48The engineering subsidiary of Russia's Rosatom has signed a general framework agreement with Electricity of Vietnam (EVN) for construction of unit 1 of the planned Ninh Thuan nuclear power plant. The country's electricity use is set to triple in 15 years.

More contracts awarded for Hinkley Point C

New Nuclear

31 July 2015

Hinckley Point C CGI - 48EDF Energy has today announced further preferred bidders for the project to construct the Hinkley Point C nuclear power plant in the UK. The combined value of the contracts is some £1.3 billion ($2.0 billion).

Russia puts back power supply dates for new reactors

New Nuclear

28 July 2015

Russia's Market Council has approved the postponement of power supply agreements for new nuclear reactors in line with changes to their commissioning dates. During a visit to the construction site of Leningrad II, Rosatom head Sergey Kirienko said this meant the contract for the first unit of that plant would thus take effect on 1 January 2018.

Claims updated in Olkiluoto 3 delay arbitration

Corporate

03 August 2015

Olkiluoto 3 - July 2015 - 48Finnish utility Teollisuuden Voima Oyj and the Areva-Siemens consortium have both increased the amounts claimed in arbitration over the delay in construction of the first-of-a-kind EPR at Olkiluoto.

Eletronuclear drawn into Brazil corruption probe

Corporate

29 July 2015

Angra 3 in 2013 (Eletronuclear) 74x48The president and CEO of Eletronuclear, Othon Luiz Pinheiro da Silva, has been arrested in connection with construction contracts for Angra 3. It comes as the 16th wave of police action in a wide-ranging investigation of corruption in Brazil.

Vessel head for Haiyang 2

New Nuclear

27 July 2015

Haiyang 2 vessel installation  48The reactor pressure vessel head for China's Haiyang 2 reactor has been lifted into place, marking another milestone in the construction of the AP1000.