OIL - SN Nuclearelectrica S.A. and Canadian Nuclear Partners S.A. sign Framework Agreement for Romania Cernavoda NPP Unit 1 Refurbishment Project | Benzinga
BUCHAREST, Romania, June 13, 2024 /CNW/ - SN Nuclearelectrica S.A. (SNN) and Canadian Nuclear Partners S.A. (CNPSA) have signed a long-term Framework Agreement to provide project management Organization (PMO) services for the preparation and implementation of the Cervavoda Nuclear Power Plant Unit 1 refurbishment project in Romania.
This Framework Agreement, signed today, has an approximate value of 240 million EUR ($360 million CDN) and represents an essential step in the completion of the Cernavoda Unit 1 refurbishment in compliance with the established development stages. Under the agreement, CNPSA, a subsidiary of Laurentis Energy Partners (Laurentis), will support SNN by providing:
- Project management services
- Technical assistance
- Consulting services
- Training specific to CANDU plant refurbishment, and
- Organization and coordination of Unit 1's commissioning, up to its return to commercial operation
The Framework Agreement builds on an earlier agreement signed between SNN and Laurentis, through CNPSA, in 2021 to develop a conservation program for reactor water systems during refurbishment.
Ontario Minister Todd Smith and Stephen Lecce, Romanian Energy Minister Sebastian Burduja, and Canada's Ambassador to Romania, Gavin Buchan, along with representatives from CNPSA, SNN, Laurentis, and Ontario Power Generation, were on hand for the June 11 signing ceremony in Bucharest.
"The world is watching as Ontario continues to deliver multi-billion-dollar CANDU nuclear refurbishment projects on time and on budget," said ...