GSE Systems Slovakian simulator contract

17 March 2009

GSE Systems has been awarded an $18 million contract to build a new nuclear power plant simulator for units 3 and 4 at Mochovce in Slovakia. The reactors will incorporate Siemens/Areva control systems.

“The value of this contract is larger than what we typically announce for a new nuclear simulator because the scope of work includes roughly $12 million for hardware purchases,” GSE CEO, John Moran said. The largest purchase will be for the digital control system from Siemens which is normally purchased directly by the customer.

Work will begin immediately and is scheduled for completion around September 2011.

Construction on the two Russian-designed VVER-440 reactors at the Mochovce site was suspended in 1992. In November 2008 an official project to complete the units was launced. Italian utility Enel which owns 66% of Slovenské Elektrárne will invest around €2.8 billion in the project. The units will be phased in to operation in 2012 and 2013 and will have a combined capacity of 880MWe.


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