Westinghouse Electric Company has extended a contract with National Nuclear Energy Generating Company Energoatom (NNEGC Energoatom) for fuel deliveries to Ukrainian nuclear power plants through 2020.
The contract provides for the continuation of the long-standing partnership between the two companies in providing competitive and secure nuclear fuel supplies for Ukraine's reactor fleet.
In 2008 Westinghouse had signed a fuel supply contract with Energoatom.
As per the contract terms, Westinghouse will produce the fuel at its fabrication facility in Västerås, Sweden.
Westinghouse said that the facility is one of the most modern fuel plants in the world, which serves every major market in Europe and South Africa.
Westinghouse president and CEO Danny Roderick said that this new agreement for Westinghouse VVER fuel design testifies to the quality of its fuel design and demonstrates that it has, in fact, operated without issue at the South Ukraine Nuclear Power Plant, as confirmed by extensive and recent joint Energoatom and Westinghouse inspections.
Roderick said, "This contract extension recognises that Westinghouse fuel has been fully validated to be safely loaded and operated, even taking into account the performance problems of the competitor's fuel.
"This agreement recognising the excellent Westinghouse VVER fuel design performance will allow Energoatom to continue diversification of its fuel supply."
Westinghouse said that it has been a single-source fuel provider for pressurised, boiling and advanced gas-cooled reactors worldwide, while it has ten fuel manufacturing locations around the world.
Currently, Westinghouse is providing fuel for 147 nuclear power plants globally.