Areva builds out in Brazil
The firm announced it was awarded six contracts totaling nearly $90 million by Brazilian utility Eletronuclear. Areva will be tasked with carrying out extensive service on the Angra-1 and Angra-2 nuclear power plants in the city of Angra dos Reis in Rio de Janeiro state.
Areva will carry out examination and maintenance operations on the reactors' mechanical and electrical main components and will provide local support to meet Eletronuclear's customers' needs.
Areva will implement its integrated service concept during plant outage and during operation. Areva's offer is expected to lower operating costs for Eletronuclear and enhance reliability.
The group already provides services for both Angra plants and has been performing the yearly outages for Angra-2 since its connection to the grid in 2001.
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N.L. premier says Muskrat Falls costs are too great for optimism about benefits
ST JOHNS - Newfoundland and Labrador's premier says the Muskrat Falls hydro megaproject is currently too much of a massive financial burden for him to be optimistic about its long-term potential.
"I am probably one of the most optimistic people in this room," Liberal Premier Dwight Ball told the inquiry into the project's runaway cost and scheduling issues.
"I believe the future is optimistic for Newfoundland Labrador, of course I do. But I'm not going to sit here today and say we have an optimistic future because of the Muskrat Falls project."
Ball, who was re-elected on May 16, has been critical of…
