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| Fluor, GE Hitachi team on nuclear power project in Finland Fluor Corp announced that it has signed a project development memorandum of understanding with GE Hitachi Nuclear Energy (GEH) to pursue a potential new nuclear power plant project in Finland. Fluor would serve as the engineering, procurement and construction (EPC) partner with GEH as the Finnish utility Teollisuuden Voima Oyj (TVO) begins plans for building a fourth reactor called the Olkiluoto-4 project.spliter This past September, Fluor and GEH teamed on another similar project development agreement for new potential nuclear power plant projects in Poland. TVO is evaluating several different reactor technologies for the Olkiluoto-4 project including GEH's Generation III+ Economic Simplified Boiling Water Reactor (ESBWR) design. In July 2010, Finland's parliament confirmed its intent to pursue two reactor projects including TVO's Olkiluoto-4. Fluor and GEH intend to actively engage the very knowledgeable and well-established and experienced local supply chain companies and nuclear workforce to ensure that the project significantly contributes to the overall Finnish economy. write your comments about the article :: © 2011 Construction News :: home page |