Contracts rss

KazAtomProm sees no negative impact from WEC

Corporate

26 April 2017

Kazakh uranium producer KazAtomProm said today that the "reorganisation" of Westinghouse Electric Company will have no negative impact on its financial performance. Westinghouse's shares are split between Toshiba (87%), KazAtomProm (10%) and IHI Corporation (3%).

China, Iran sign first contract for Arak redesign

Nuclear Policies

24 April 2017

China-Iran - April 2017 - 48China and Iran have signed the first commercial contract for the reconstruction of Iran's Arak heavy water reactor. The core of the reactor was removed as part of an international agreement limiting Iran's nuclear program in return for the lifting of economic sanctions.

Areva and KazAtomProm extend uranium cooperation

Uranium and Fuel

10 April 2017

KazAtomProm-Areva_agreement_(KazAtomProm)-48Areva and KazAtomProm have today signed a new strategic agreement to strengthen their cooperation in Kazakhstan's uranium mining sector. The agreement opens new opportunities to develop and enhance their long-standing Katco joint venture.

Russia to use Baltic NPP reactor vessel for Ostrovets 2

New Nuclear

25 April 2017

Belarus and Russia have agreed to the delivery of the reactor pressure vessel originally built for the Baltic NPP - under construction in the Russian enclave of Kaliningrad - to unit 2 of the nuclear power plant under construction in Ostrovets, in the Grodno region of Belarus, Rosatom has confirmed to World Nuclear News. The schedule for commissioning the Ostrovets 2 is uaffected and remains 2020.

$1.5 billion estimate to complete Summer

Corporate

18 April 2017

Summer 2 and 3 construction site - Jan 2017 - 48Westinghouse Electric Company has informed South Carolina Electric & Gas that it estimates the additional cost of completing the two VC Summer AP1000 reactors to be about $1.5 billion.

UK sets out decommissioning plans to 2020

Waste and Recycling

10 April 2017

The UK's Nuclear Decommissioning Authority has published its Business Plan for 1 April 2017 to 30 March 2020. Based on the third edition of NDA's Strategy, published in April 2016, the Business Plan sets out its objectives and expected progress for all 17 of its nuclear sites over the next three years, in line with the funding agreed with the Treasury and the Department for Business, Energy and Industrial Strategy.