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AREVA to supply nuclear fuel assemblies for Taiwan Power Company worth more than $200 million

Press release

August 01, 2008

AREVA has signed a contract with Taiwan Power Company (Taipower) to supply boiling water reactor fuel assemblies for units 1 and 2 of the Chinshan and Kuosheng nuclear power plants. The award, worth more than US$200 million, is the conclusion of an invitation to bid launched in June 2007.

The scope of work includes five firm reload batches and three optional reload batches for each unit. AREVA will provide core monitoring system assistance in addition to the fabrication service, reload fuel design, licensing analysis, and operation support.
 
In response to the bid specification requirements, AREVA has offered a fuel design based on the ATRIUM-10A model it is currently supplying to Taipower, with its latest generation ATRIUM-10XM as an optional design for the future.

According to Jean Pierre Gros, Senior Vice President of AREVA’s fuel business unit, “Such a long term contract spanning more than 12 years reinforces our strong relationship and cooperation with Taipower. As the current supplier for these two nuclear power plants, this is a sign of recognition of which we are very proud.”

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Julien Duperray
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Investisors relations
Isabelle Coupey
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Manuel Lachaux
T : +33 1 34 96 11 53
manuel.lachaux@areva.com