Areva has finalized a deal worth $1.68 billion to provide engineering and components needed to complete the Angra 3 reactor in Brazil.
The Brazilian government announced it would complete the plant in 2006, signing an industrial cooperation agreement with Areva two years later. According to the World Nuclear Association, the unit had been mothballed in 1986 with about 70 percent of its components on site.
On Thursday, Areva announced it signed a contract to supply engineering services for the project and components that will include the plant's digital instrumentation and control system. Areva will also supervise additional installation and commissioning work.
“Areva is proud to have been selected to complete the construction of the third Brazilian nuclear reactor and to continue its collaboration with Eletrobras Eletronuclear that began with the construction and the supply of reactor services to the Angra 2 reactor. The completion of Angra 3 confirms Brazil’s engagement in an ambitious nuclear program and illustrates the relevance of this energy source as a solution for sustainable economic development,” Areva CEO Luc Oursel said in a release.