AIRLINK 73.00 Decreased By ▼ -2.16 (-2.87%)
BOP 5.35 Decreased By ▼ -0.10 (-1.83%)
CNERGY 4.31 Decreased By ▼ -0.08 (-1.82%)
DFML 28.55 Increased By ▲ 0.91 (3.29%)
DGKC 74.29 Increased By ▲ 2.29 (3.18%)
FCCL 20.35 Increased By ▲ 0.06 (0.3%)
FFBL 30.90 Decreased By ▼ -0.15 (-0.48%)
FFL 10.06 Increased By ▲ 0.09 (0.9%)
GGL 10.39 Increased By ▲ 0.12 (1.17%)
HBL 115.97 Increased By ▲ 0.97 (0.84%)
HUBC 132.20 Increased By ▲ 0.75 (0.57%)
HUMNL 6.68 Decreased By ▼ -0.19 (-2.77%)
KEL 4.03 Decreased By ▼ -0.17 (-4.05%)
KOSM 4.60 Decreased By ▼ -0.17 (-3.56%)
MLCF 38.54 Increased By ▲ 1.46 (3.94%)
OGDC 133.85 Decreased By ▼ -1.60 (-1.18%)
PAEL 23.83 Increased By ▲ 0.43 (1.84%)
PIAA 27.13 Decreased By ▼ -0.18 (-0.66%)
PIBTL 6.76 Increased By ▲ 0.16 (2.42%)
PPL 112.80 Decreased By ▼ -0.36 (-0.32%)
PRL 28.16 Decreased By ▼ -0.59 (-2.05%)
PTC 14.89 Decreased By ▼ -0.61 (-3.94%)
SEARL 56.42 Decreased By ▼ -0.91 (-1.59%)
SNGP 65.80 Decreased By ▼ -1.19 (-1.78%)
SSGC 11.01 Decreased By ▼ -0.16 (-1.43%)
TELE 9.02 Decreased By ▼ -0.12 (-1.31%)
TPLP 11.90 Decreased By ▼ -0.15 (-1.24%)
TRG 69.10 Decreased By ▼ -1.29 (-1.83%)
UNITY 23.71 Increased By ▲ 0.06 (0.25%)
WTL 1.33 Decreased By ▼ -0.01 (-0.75%)
BR100 7,434 Decreased By -20.9 (-0.28%)
BR30 24,206 Decreased By -44.4 (-0.18%)
KSE100 71,359 Decreased By -74.1 (-0.1%)
KSE30 23,567 Increased By 0.5 (0%)

arevaqwPRAGUE: Czech state-run power company CEZ said Friday it had ruled France's Areva out of a tender to build two new units at its Temelin nuclear power facility in southern Czech Republic.

 

Areva "failed to meet legal requirements to build the two units... and other defined criteria," CEZ spokesman Ladislav Kriz said in a statement.

 

"CEZ has precisely and in detail specified the reasons of Areva's elimination" to the company, he added, saying the reasons were both commercial and legal.

 

The verdict leaves groupings led by US giant Westinghouse and Russia's Atomstroiexport alone in bidding for the contract worth an estimated 200-300 billion koruna (8-12 billion euros, $10.5-15.7 billion).

 

With bids placed in July this year, the winner of the tender is to be announced at the end of 2013. The two units are due to be completed by 2025.

 

The extra capacity will raise the share of nuclear energy in the Czech energy mix to about 50 percent from the current 30 percent produced by Temelin and another CEZ-operated nuclear plant in the southern village of Dukovany.

 

Temelin, about 120 kilometres (75 miles) south of Prague, but only about 60 kilometres from the Austrian border, has been heavily criticised by Vienna which has repeatedly raised safety concerns.

 

It may also become a thorn in the side of Germany, which has vowed to shut down its nuclear reactors by 2022.

 

The Czech government, which owns two-thirds of CEZ, is betting on nuclear power as its communist-era coal-fired plants are likely facing closure amid tighter regulations on greenhouse gas emissions.

 

Planned in the communist era and launched in 2000, the existing Temelin facility includes two Russian-type VVER pressurised-water reactors, each with an output of 1,000 megawatts.

Copyright AFP (Agence France-Presse), 2012

Comments

Comments are closed.