MrBreez
04-20-2008, 06:00 AM
The following can be found at www.shawgrp.com (http://www.shawgrp.com) . Click on investor relations/news and events.
BATON ROUGE, La.--(BUSINESS WIRE)--April 8, 2008--The Shaw Group Inc. (NYSE: SGR) announced today that the Nuclear Division of its Power Group and Westinghouse Electric Company, its AP1000(TM) nuclear power plant consortium partner, have been awarded an engineering, procurement and construction (EPC) contract by Georgia Power Company, a subsidiary of Southern Company (NYSE: SO), for two Westinghouse AP1000 nuclear power units and related facilities. The AP1000 units each have an electric generating capacity of 1,100 megawatts and would be constructed at the existing Vogtle Electric Generating Plant site near Augusta, Ga. (This is Local 150's jurisdiction)
In August 2006, Southern Nuclear Operating Company, Inc. filed an application with the Nuclear Regulatory Commission (NRC) for an early site permit for new units at the Vogtle site. In March 2008, Southern Nuclear filed an application with the NRC for a combined construction and operating license for the new units. Georgia Power expects to submit the EPC contract to the Georgia PSC in May 2008 as a self-build option in connection with its 2016-2017 capacity request for proposal. If selected by Georgia Power and certified by Georgia PSC, the two AP1000 units are expected to be placed in service in 2016 and 2017, respectively.
I don't have any info on who will be the General Contractor, but back in the 80's Georgia Power did the original build on units 1 & 2. Just some food for thought in the upcoming years.
MrBreez
BATON ROUGE, La.--(BUSINESS WIRE)--April 8, 2008--The Shaw Group Inc. (NYSE: SGR) announced today that the Nuclear Division of its Power Group and Westinghouse Electric Company, its AP1000(TM) nuclear power plant consortium partner, have been awarded an engineering, procurement and construction (EPC) contract by Georgia Power Company, a subsidiary of Southern Company (NYSE: SO), for two Westinghouse AP1000 nuclear power units and related facilities. The AP1000 units each have an electric generating capacity of 1,100 megawatts and would be constructed at the existing Vogtle Electric Generating Plant site near Augusta, Ga. (This is Local 150's jurisdiction)
In August 2006, Southern Nuclear Operating Company, Inc. filed an application with the Nuclear Regulatory Commission (NRC) for an early site permit for new units at the Vogtle site. In March 2008, Southern Nuclear filed an application with the NRC for a combined construction and operating license for the new units. Georgia Power expects to submit the EPC contract to the Georgia PSC in May 2008 as a self-build option in connection with its 2016-2017 capacity request for proposal. If selected by Georgia Power and certified by Georgia PSC, the two AP1000 units are expected to be placed in service in 2016 and 2017, respectively.
I don't have any info on who will be the General Contractor, but back in the 80's Georgia Power did the original build on units 1 & 2. Just some food for thought in the upcoming years.
MrBreez