Areva deals with China on 2 nuclear reactors

(Shanghai Daily)
Updated: 2007-02-01 16:35

Areva SA, the world's biggest builder of nuclear-power plants, signed an agreement with China Guangdong Nuclear Power Group Co Ltd to built two nuclear reactors for an undisclosed amount, Le Figaro reported without saying where it got the information.

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Areva's Chief Executive Officer Anne Lauvergeon signed an agreement last week, after the company lost an earlier multi-billion-euro nuclear contract in China in December to Toshiba Corp's Westinghouse Electric Co, the daily said.

The company declined to comment, Le Figaro said. It couldn't immediately be reached by Bloomberg.

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