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This Nuclear Market Headlines was sent to Mr. Green Earl 19 May 2009

HEADLINES - 19 May 2009

Headlines :: Top Stories

Korea to upgrade Greek research reactor
Greece's GRR-1 pool-type research reactor is to be uprated and modernised after the Greek National Centre of Scientific Research (NRSC) 'Demokritos' signed a contract with Korea Power Engineering Co (Kopec). Source: Your News

India L&T in MOU with GE Hitachi for nuclear plants
Indian engineering and construction frim Larsen & Toubro said it has signed a memorandum of understanding with GE Hitachi Nuclear Energy for the construction of nuclear power plants in India. Source: Business Yahoo

Areva sells stake in Total to fund new projects
French nuclear power group Areva has sold its stake in oil giant Total in order to fund its own projects. Source: Google News

Headlines :: Contracts & procurement

L-3 MAPPS to provide Areva with an engineering simulator
The contract is part of the continuing services L-3 MAPPS provides to Areva’s Real-Time Simulation Centre in Paris and closely follows the Olkiluoto 3 EPR engineering simulator that was put into service by L-3 MAPPS at Areva’s test facility. Source: Your News

Bangladesh and Rosatom ink power plant deal
The Moscow Times reported that Bangladesh signed a deal with Russia to develop a plan for a nuclear power plant to produce up to 1,000 megawatts and ease its energy shortage. Source: Steel Guru

Headlines :: Policy & regulation

France to help Romania build new nuclear reactor
France will help Romania build a new nuclear reactor, French President Nicolas Sarkozy said Monday while meeting with his Romanian counterpart Traian Basescu. Source: People's Daily Online

Finland’s Olkiluoto nuclear plant site could be shut down
The Finnish Nuclear and Radiation Safety Authority (STUK) has sent a letter to Areva, the French company building the Olkiluoto nuclear power plant, stating that they will shut down the power station site if Areva doesn’t fix problems. Source: Ice News

Headlines :: Projects & asset finance

And Below....My Personal Favorite_Green Earl

Thorp nuclear plant may close for years
The company that runs the Thorp nuclear reprocessing plant admitted that it may have to close for a number of years owing to a series of technical problems. Source: Guardian