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`Toshiba, GE to tie up with nuke power plant project in US`
Tokyo, May 02: Japan`s Toshiba Corp. has teamed up with US power giant General Electric Co. (GE) in an effort to win a nuclear power plant deal in the United States, the Nihon Keizai Shimbun said today.
Tokyo, May 02: Japan's Toshiba Corp. has teamed up
with US power giant General Electric Co. (GE) in an effort to
win a nuclear power plant deal in the United States, the Nihon
Keizai Shimbun said today.
A consortium led by the two firms has filed with the
US department of energy for permission to conduct a
feasibility study for construction of advanced nuclear
reactors, the business daily said.
Among other members of the consortium are the Tennessee valley authority, major contractor Bechtel Corp., enriched uranium fuel supplier Usec Inc. And global nuclear fuel Americas LLC, a joint venture by GE, Toshiba and Hitachi Ltd.
The move follows the decision by the administration of US President George W. Bush to support construction of nuclear power plants, the newspaper said.
Washington had suspended nuclear power plant construction since a major accident at Three Mile island in 1979. Upon obtaining government permission, the firms will begin a feasibility study for installing in Alabama an advanced boiling water reactor with an output of over one million kilowatts, the daily said.
Total construction costs are estimated at more than three billion dollars. The partnership in the consortium might pave the way for closer collaborations between Japanese and American firms in nuclear technology, the newspaper said.
Bureau Report
Among other members of the consortium are the Tennessee valley authority, major contractor Bechtel Corp., enriched uranium fuel supplier Usec Inc. And global nuclear fuel Americas LLC, a joint venture by GE, Toshiba and Hitachi Ltd.
The move follows the decision by the administration of US President George W. Bush to support construction of nuclear power plants, the newspaper said.
Washington had suspended nuclear power plant construction since a major accident at Three Mile island in 1979. Upon obtaining government permission, the firms will begin a feasibility study for installing in Alabama an advanced boiling water reactor with an output of over one million kilowatts, the daily said.
Total construction costs are estimated at more than three billion dollars. The partnership in the consortium might pave the way for closer collaborations between Japanese and American firms in nuclear technology, the newspaper said.
Bureau Report