Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, October 7, 2010

Areva's contract from Tennessee Valley Authority

Logo of the United States Tennessee Valley Aut...Image via WikipediaAreva picks up contract for Alabama nuclear plant project
The contract to begin engineering and development at a nuclear plant in Alabama has been awarded to Areva, a French nuclear engineering company, officials announced. The contract, awarded by the Tennessee Valley Authority, will affect Unit 1 of its Bellefonte Nuclear Plant, a project that was paused in 1988. The unit is expected to cost between $4.3 billion and $4.7 billion to be completed, though final approval is pending. CNBC/The Associated Presshttp://www.cnbc.com/id/39539159
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