Tuesday, July 20, 2010

Areva negotiating two more EPR reactors with China: CEO

Areva negotiating two more EPR reactors with China: CEO
Areva negotiating two more EPR reactors with China: CEO

by Staff Writers
Aix-En-Provence, France (AFP) July 2, 2010
French nuclear group Areva, which already building two third-generation European Pressurized Reactors (EPR) in China, is negotiating further reactors with Beijing, the company's CEO said Friday.

"The EPR has been the biggest contract with China in euros. We are negotiating with the Chinese for further EPRs," chief executive Anna Lauvergeon said on the margins of a conference in Aix-en-Provence southern France.

Areva and French partner EDF are building two of the reactors in southern China which Areva sold to Beijing in November 2007 for eight billion euros (10 billion dollars), including fuel.

They are due to come on line at the end of 2013 and in 2014.

Two other EPRs are currently under construction worldwide. One in Finland and another in northwestern France.

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