i-Nuclear update: Areva to spend C2billion on modernization and post-Fukushima enhancements (Correction)

i-NUCLEAR

Areva to spend €2 billion on modernization and post-Fukushima enhancments (Correction) by I-Nuclear French nuclear company Areva said it plans to spend nearly €2 billion on the modernization of industrial plant equipment, deployment of new technologies, and on ongoing improvement of safety mechanisms as a response to the Fukushima nuclear power plant accident in March 2011. The post-Fukushima improvements are expected to total about €200 million on top of the modernization program, an Areva spokesman confirmed June 29.*