Bruce Power said it had signed a Major Component Replacement Contract with the Shoreline Power Group Consortium, which will be responsible for successfully executing the heart of the company’s multi-year Life-Extension program, which started in 2016.
The project "remains on-time and on-budget," Bruce Power said.
Work for the new contract starts immediately. The Shoreline Power Group – a consortium of Aecon, AECOM and SNC-Lavalin – will begin to mobilize for reactor retubing, which will commence with Unit 6 in January 2020.
Through demonstrated success, the contract has the potential to expand to reactor retubes on Units 3,4,5,7 and 8 as well, the company said, expecting an average gain of 825 jobs annually – with a peak of 1,500 – directly and indirectly, over the next 15 years in Grey, Bruce and Huron counties, and throughout Ontario.
“As Canada’s largest Public-Private Partnership, Bruce Power will continue to meet all investment requirements related to this multi-year program, and, through continued strong and efficient performance, will provide low-cost power to the province through 2064,” said Mike Rencheck, Bruce Power’s President and CEO.