Wednesday, 30 October 2013

Another blow to Candu Inc

Another blow to Candu Inc: "Russia has been selected as the preferred bidder to supply Jordan with its first nuclear power plant. The initial reactor of the two-unit plant is expected to start operating in 2020.
Khaled Toukan, chairman of the Jordan Atomic Energy Commission (JAEC), told the country's official news agency Petra that Russian state nuclear corporation Rosatom will build the plant. Under Russia's offer, Rosatom's reactor export subsidiary AtomStroyExport (ASE) will be the supplier of the nuclear technology while Rusatom Overseas will be strategic partner and operator of the plant.
According to Toukan, Russia will contribute 49% of the project's cost, reportedly to be $10 billion, with the Jordanian government providing the remaining 51%. However, he said that financing of the plant has yet to be finalized and noted that Russian could supply the plant on a build-own-operate basis.
Three vendors were shortlisted by JAEC in May 2010: an Areva-Mitubishi Heavy Industries consortium, Russia's AtomStroyExport and Canada's SNC-Lavalin International. The designs under consideration were the Atmea1 pressurized water reactor, the AES-92 model VVER-1000, and the Enhanced Candu-6 pressurized heavy-water reactor. The vendors were subsequently invited to tender for the turnkey plant and submitted their technical offers to JAEC in July 2011."

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