Bloomberg News

Areva Appeals Against Ejection From Temelin Bid by Czech CEZ

October 19, 2012

Areva SA (AREVA) appealed against state-run CEZ AS (CEZ)’s decision to exclude the world’s largest supplier of nuclear fuel and services from a tender to build two atomic reactors at the Temelin power station in the Czech Republic.

The Paris-based company addressed all the reasons given for its exclusion and said its EPR reactor is the most competitive, it said in an e-mailed statement. The appeal deadline is today.

Areva was ejected from the $10 billion tender on Oct. 5 as it failed to meet legislative and commercial requirements, CEZ said. Westinghouse Electric Corp. and a Russian-Czech group led by Rosatom Corp.’s unit ZAO Atomstroyexport are still competing for the project to build units 3 and 4 of the Temelin plant.

CEZ has 10 days to review Areva’s appeal and publish its decision. Areva is able to go to the Czech anti-monopoly office, which would have 60 days to review the case, if the company is rejected again. CEZ plans to choose the winning offer in the middle of 2013 and sign a final contract by the year’s end.

To contact the reporter on this story: Ladka Bauerova in Prague at lbauerova@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net


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