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Westinghouse fighting Areva as both try to sell radioactive trash technology to South Africa

Westinghouse challenges South Africa nuclear contract awarded to Areva Thu Aug 28, 2014 JOHANNESBURG (Reuters) – Westinghouse Electric Company said on Thursday it had filed an interdict in a South African court to reopen the bidding process for a contract awarded to French rival Areva to replace six steam generators at a nuclear power plant…… Westinghouse, the world’s largest nuclear fuel producer and part of Japan’s Toshiba group, said in a statement it had gone to the Johannesburg High Court about the matter. http://af.reuters.com/article/investingNews/idAFKBN0GS1LJ20140828

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August 29, 2014 - Posted by | 2 WORLD, business and costs

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