http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-18652331.htm
 
Romania launches new tender for nuclear power construction
August 03, 2007: 11:32 AM EST


BUCHAREST, Aug. 3, 2007 (Thomson Financial delivered by Newstex) -- The
Romanian government has launched a new tender for bids for construction of
the third and fourth phases of the nuclear power station at Cernavoda, which
could go onstream around 2014-2015, the economy ministry said.

Potential bidders have until Oct 25 to hand in their bids, the ministry
said.

The government had launched an initial tender in spring 2006 and indicated
that 16 companies, including Enel SpA, E.ON AG (NYSE:EON) , Iberdrola and
RWE, as well as a consortium between Canada's EACL and Italy's Ansaldo, had
expressed interest.

The consortium has already built the first two reactors for the power
station.

The authorities had to re-start the tendering procedure after a change in
government strategy over the financing of the project.

In a feasibility study carried out by Deloitte and Touche, the most
economically viable scenario would be to build the two phases at the same
time, and the costs are estimated at 2.2 bln eur.

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Copyright AFX News Limited 2007

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