Business
Nuclear Contract Award
Nuclear Contract Award.
About this update from Costain Group Plc
[{"type":"text","content":"\n RNS Number : 4707T Costain Group PLC 29 September 2010 \n \n\nCostain Group PLC \n(\"Costain\" or \"the Company\")\n \nNuclear Contract Award\nCostain has been awarded by Magnox South Ltd a framework contract for the delivery of Fuel Element Debris (\"FED\") Dissolution at Bradwell nuclear power station. \nThe framework is part of the station's accelerated decommissioning programme, with similar programmes at other Magnox Sites namely, Hinkley Point, Sizewell and Oldbury to be awarded.\nThe indicative value of the contract is £75m over ten years with possible extensions. \nThe contract is to design plant and equipment and to procure, construct, operate and refurbish plant prior to transfer to further sites.\nMagnox South sites are currently decommissioning at the end of operational life and this framework is key to the safe remediation and disposal of FED produced during the generating life of the power stations.\nCommenting on the award, Andrew Wyllie, Chief Executive, said:\n\"We are delighted to have secured this contract. It is testimony to Costain's growing reputation within the nuclear industry as one of the few major contractors in the UK with the capability to carry out such complex and critical work.\"\n \n29 September 2010\nEnquiries:\n\n\n\n\nCostain\n\n\n Tel: 01628 842 444\n\n\n\n\nGraham Read, Communications Director\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCollege Hill\n\n\nTel: 020 7457 2020\n\n\n\n\nAdam Aljewicz \n\n\n\n\n\n\n\nMark Garraway\n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END CNTEAKNPASPEEFF \n ","length":4482,"tagName":"div"}]