Michele Kearney's Nuclear Wire

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

Tuesday, March 14, 2017

Tribunal awards damages for SONGS generators

Tribunal awards damages for SONGS generators
An international arbitration panel has ordered Mitsubishi Heavy Industries to pay the owners of the San Onofre nuclear power plant $125 million for defective steam generators supplied to the plant in 2009 and 2010. The International Chamber of Commerce capped the award at the liability limit contained in the contract to supply the components. http://www.world-nuclear-news.org/C-Tribunal-awards-damages-for-SONGS-steam-generators-1403177.html

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