Westinghouse Electric Company has entered into a long-term agreement with South Carolina Electric & Gas Company to provide nuclear fuel fabrication services for the V.C. Summer nuclear power plant in South Carolina.
The contract is valued in excess of $400 million, and includes fuel fabrication services for the existing reactor there, as well as for two new AP1000 nuclear power units currently in the early stages of construction. First delivery is scheduled to occur in 2012, and the contract runs through 2033.
"Clearly, Westinghouse and SCE&G will benefit by the long-term nature of this agreement," he said. "But it is also important to point out that this fuel will be fabricated at our site in Columbia, South Carolina [USA], where Westinghouse has made significant investments over recent years to help ensure we have the capacity to provide the high-quality fuel the growing nuclear energy industry will need in coming years and decades."