CEZ rejects AREVA's Temelin nuclear bid

By Dorothy Davis

Czech utility CEZ announced AREVA’s bid for the construction of two additional reactor units at its Temelin nuclear power plant has been disqualified. CEZ disclosed only that the bid had failed to meet crucial commercial and legislative requirements, stating that AREVA had been advised of the specific grounds for the dismissal. 

Under the bidding process AREVA has 15 days to submit a formal appeal to the decision, an option the company affirmed it would pursue in a statement released in response to the CEZ notice. 

“AREVA is determined to understand the reasons for this announcement. AREVA firmly believes it has met all the tender criteria,” AREVA retorted. 

“The group is confident its offer to CEZ is the most competitive one and its commitment to the Temelin completion project remains absolute.” 

A final rejection of AREVA’s bid would leave U.S. based Westinghouse and a Russian consortium made up of Škoda JS, AtomStroyExport and OKB Gidropress to compete for the $10 billion project. 

The tender process for the new Temelin nuclear reactors was launched in August 2009. CEZ is expected to make a final selection by the end of 2013.

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