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AtkinsRéalis-led consortium signs $750M contract supporting Romanian CANDU reactor life extension
AtkinsRéalis-led consortium signs $750M contract supporting Romanian CANDU reactor life exte...
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[{"type":"text","content":"\n \n \n \n AtkinsRéalis-led consortium signs $750M contract supporting Romanian CANDU reactor life extension\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; FONT-SIZE: 8PT; FONT-FAMILY: ARIAL; COLOR: BLACK; MARGIN:0em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n MONTREAL\n \n \n ,\n \n \n Nov. 28, 2023\n \n \n /CNW/ - Candu Energy Inc., an AtkinsRéalis company [SNC-Lavalin Group Inc.] (TSX: ATRL) and the Canadian Commercial Corporation (\"CCC\"), a federal Crown corporation, have signed a contract with Nuclearelectrica S.A. (SNN) to provide engineering, technology and procurement of tooling and reactor components in support of the life extension of SNN's Unit 1 CANDU\n \n ®\n \n reactor at the Cernavoda Nuclear Power Plant in\n \n Romania\n \n . The contract is valued at approximately\n \n $750 million\n \n .\n \n \n \n \n \n \n \n \n \n AtkinsRéalis\n \n previously announced on\n \n November 7\n \n \n th\n \n \n that it and CCC had received an award letter for the mandate. The contract was formally signed on\n \n November 28\n \n \n th\n \n at the World Nuclear Exhibition in\n \n Paris\n \n , in a ceremony attended by\n \n Mary Ng\n \n , Minister of Export Promotion, International Trade & Economic Development of\n \n Canada\n \n (ministry responsible for the CCC), Dan Drăgan, State Secretary, Romanian Ministry of Energy,\n \n Teodor Chirica\n \n , President of the Board of Nuclearelectrica SA,\n \n Bobby Kwon\n \n , President & CEO, CCC,\n \n Ian L. Edwards\n \n , President & Chief Executive Officer, AtkinsRéalis, and\n \n Joe St. Julian\n \n , President, Nuclear, AtkinsRéalis.\n \n \n \"The fundamentals in the nuclear power market show there will be a sustained, robust demand from governments globally for reactor life extensions...