Battle for South Africa's R1-trillion nuclear contract
October 8, 2011
South Africa is poised to issue the largest tender in its history -- an estimated one-trillion-rand contract to build six new nuclear reactors by 2030.
The energy department submitted its nuclear tender proposal to the Cabinet last month, and Energy Minister Dipuo Peters has been quoted as saying it will finalise the proposal before the end of this year. Bidding will begin next year. Five companies -Areva CEFFI.PI and EDF, Westinghouse Electric (Toshiba Group), Chinese China Guangdong Nuclear Power Group, South Korea's Korea Electric Power and Russian Rosatom- are in the running.