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Keyword:contract
US Advances Development of Nuclear-Powered Lunar Rover and Awards Transportation Contract
Recently, the National Aeronautics and Space Administration (NASA) decided to advance the development of the nuclear-powered lunar rover PROMISE and awarded a lunar surface transportation contract to Blue Origin. Blue Origin will use the Mark 1 lander to deliver the six-wheeled rover to the lunar south pole and complete its deployment. The base contract value is $94 million, with an additional contract option worth $140 million contingent on performance. NASA's Jet Propulsion Laboratory (JPL) is responsible for the rover's overall development, and will modify the chassis, electronics, and drive systems based on the engineering test platform of the Curiosity Mars rover, and integrate spare parts and test components from the Curiosity and Perseverance...
2026-11-09
Korea Hydro & Nuclear Power Terminates Negotiations with Czech Unit Construction Consortium, Plans to Re-Tender for General Construction Contractor
Korea Hydro & Nuclear Power (KHNP) officially announced on October 29 that, due to the breakdown of negotiations with the construction consortium formed by Daewoo Engineering & Construction and Doosan Enerbility over key subcontracting terms, it will initiate procedures to terminate the cooperation agreement and re-select a new construction contractor to advance the construction of two gigawatt-class advanced pressurized water reactor units at the Czech Dukovany Nuclear Power Plant. The Czech government selected KHNP as the preferred bidder for the project in July 2024 and formally signed a general contracting agreement worth 26 trillion Korean won (approximately USD 19.4 billion) in June 2025. As early as 2018, Daewoo Engineering & Construction and Doosan Enerbility were selected as construction partners and participated throughout the bidding...
2026-10-30
CNNC and CSCEC Consortium Wins Major Zhuanghe Nuclear Power Marine Engineering Contract
Recently, the public announcement of the winning candidates for the marine engineering works of Phase I of the Liaoning Zhuanghe Nuclear Power Plant Project was officially released. The consortium composed of China Nuclear Industry Huaxing Construction Co., Ltd. and CSCEC Port and Waterway Engineering Bureau Group Co., Ltd. successfully secured the top position with a bid price of 1,356,800,300 yuan, becoming the first winning candidate. It is reported that this marine engineering works, as one of the key contract packages of the nuclear power project, covers core construction contents including the water intake open channel, plant area revetment, heavy-lift wharf, marine outfall drainage works, and temporary construction cofferdam. The maximum bid price for the project is approximately 1.484 billion yuan, with construction planned to commence on January 31, 2027, and a total construction period of 1,034 days. Upon completion, it will fully satisfy the nuclear power plant's cooling water intake and discharge, heavy equipment transportation, and plant area wave and flood protection requirements.
2026-10-28
Jia Electric's subsidiary signs a RMB 620 million nuclear main pump contract to supply two "Hualong One" units at Taipingling
After market close on October 12, according to an announcement by Jia Electric (SZ000922), its controlling subsidiary Harbin Electric Power Equipment Company Limited (the Power Equipment Company) signed the "Taipingling Project Units 5 and 6 LOT120F Reactor Coolant Pump Supply Contract" with China Nuclear Power Engineering Company Limited, with a contract price (including tax) of RMB 619.88 million. The contract was concluded on October 11, with the scope of work covering the design, manufacturing, and services of shaft-seal-type reactor coolant pumps, and delivery is scheduled for completion on October 15, 2031. The project is located in Huidong County, Huizhou City, Guangdong Province, and plans to build 2 "Hualong One" Version 2.0 units. The Taipingling Project Units 5 and 6 were approved by the State Council on July 31, 2026, and are currently in...
2026-10-13
ICC Arbitral Tribunal Rules Finland's Contract Termination Unlawful: Rosatom Wins in Hanhikivi-1 Nuclear Dispute
Rosatom publicly stated on Saturday that the International Chamber of Commerce (ICC) arbitral tribunal has issued a ruling in its long-running dispute with Finland's Fennovoima over the cancelled Hanhikivi-1 nuclear power plant project, ruling in Russia's favor. Rosatom pointed out that the tribunal found Fennovoima's unilateral termination in 2022 of the contract to build the nuclear power plant in northern Finland to be an unlawful breach, and determined that the nuclear project had been progressing well before it was halted. Since May 2022, shortly after the outbreak of the Russia-Ukraine conflict, Fennovoima unilaterally halted the 7 billion euro (approximately 7.8 billion US dollars) nuclear power project, citing significant construction delays and geopolitical risks, and the two sides have since been mired in a battle of high-value claims and cross-border legal proceedings.
2026-10-11
Hyundai E&C Joins Forces with Westinghouse to Sign Pre-FEED Contract for Two Large Nuclear Power Units in the Netherlands
Hyundai E&C recently announced that it has formally signed a subcontract with Westinghouse of the United States for Phase 1 Front-End Engineering Design (FEED 1) of the Netherlands' new large nuclear power plant project. The contract derives from the FEED 1 main contract awarded to Westinghouse by the Nuclear Energy Organization Netherlands (NEO NL). As a key engineering partner of Westinghouse, Hyundai E&C will focus on two gigawatt-scale large nuclear power units adopting Westinghouse's AP1000 advanced pressurized water reactor technology, comprehensively carrying out front-end engineering design and integrated project assessment work. According to the division of work, Hyundai E&C...
2026-10-08
CGN Environmental Protection and Cangnan Nuclear Power Sign a New Round of General Contracting Agreement for Nuclear Environmental Protection Business
Recently, CGN Environmental Protection and Cangnan Nuclear Power officially signed a new round of general contracting agreement for nuclear environmental protection business. This marks a comprehensive upgrade of their cooperation from version 1.0 to version 2.0, and also a substantive implementation of the Group's deepening reform strategy in the field of nuclear environmental protection. Zhan Weihua, Deputy Party Secretary and General Manager of Cangnan Nuclear Power, and Qin Geng, Party Committee Member and Chief Accountant; Ren Junhua, Deputy Party Secretary and General Manager of CGN Environmental Protection, Lu Shubao, Party Committee Member and Deputy General Manager, and Yang Wei, Party Committee Member and Deputy General Manager attended the signing ceremony. In 2025, CGN Environmental Protection transitioned toward nuclear environmental protection business and signed the first round of general contracting agreements with multiple plants. Over the past year, the company has continuously honed its capabilities in business undertaking and execution, and is accelerating the construction of an integrated...
2026-10-02
Bechtel and Westinghouse Consortium Formally Signs EPC Turnkey Contract for Poland's First Nuclear Power Plant, Construction Scheduled to Begin in 2027
A consortium comprising U.S. engineering giant Bechtel and nuclear technology supplier Westinghouse Electric Company has formally signed an Engineering, Procurement, and Construction (EPC) contract with Poland's state-owned nuclear power company Polskie Elektrownie Jądrowe (PEJ) to advance the construction of Poland's first-ever commercial nuclear power plant. The nuclear project is located in Choczewo on the Baltic Sea coast in the Pomerania province of northern Poland. PEJ officially stated that the site is planned to host 3 Westinghouse AP1000 Generation III+ advanced pressurized water reactor units, with a designed total installed capacity of 3750 megawatts (3750 MWe), and the first unit is expected...
2026-09-30
Polish Nuclear Power Company and U.S. Consortium Reach Agreement on Key Commercial Terms for EPC Contract of First Commercial Nuclear Power Plant
Polskie Elektrownie Jądrowe (PEJ), the Polish state-owned nuclear power engineering company responsible for the construction and operation of Poland's first nuclear power plant, announced that it has reached agreement with the nuclear power consortium (Bechtel-Westinghouse Consortium) formed by Westinghouse Electric Company and Bechtel on the core commercial and legal terms of the Engineering, Procurement and Construction (EPC) contract for Poland's first commercial nuclear power plant. Polskie Elektrownie Jądrowe stated that the core terms finalized by both parties cover the key commercial rules and legal...
2026-09-24
AtkinsRéalis Joint Venture Wins $1.7 Billion Nuclear Power Plant Refurbishment Contract
The joint venture formed by Candu Energy, a subsidiary of AtkinsRéalis, and Aecon Group has signed a three-year, $1.7 billion contract with Ontario Power Generation (OPG) to officially launch the refurbishment of Unit 5 at the Pickering CANDU nuclear power plant. The scope of work includes retubing, feeder replacement, and steam generator replacement (RFBR). It is understood that the project is part of Ontario's larger nuclear expansion and life extension program. The program also includes the Bruce and Darlington nuclear...
2026-09-23
Framatome of France Secures First U.S. High-Assay Low-Enriched Uranium Nuclear Fuel Contract
French nuclear company Framatome announced that it has signed a commercial contract to supply one operating nuclear reactor in the United States with the world's first nuclear fuel with uranium-235 concentration higher than the industry standard of 5%, for use in replacing reactor fuel. Under the agreement, as part of the Advanced Fuel Management (AFM) program, Framatome will use AFM technology to supply higher-concentration fuel in batches starting in early 2028. The agreement includes the supply of a range of fuels to support long-term use of AFM fuel in the reactor, and includes additional fuel supply options for the future. The company did not disclose the name of the reactor that will use the fuel. Uranium-235...
2026-09-23
BWXT Awarded $4 Million Conceptual Design Contract for Y-12 Lithium Processing Facility
Recently, BWX Technologies, Inc. (BWXT), a nuclear technology, nuclear components, and nuclear fuel manufacturing company headquartered in Lynchburg, Virginia, USA, announced that it has been awarded the conceptual design contract for the first module of the first lithium processing facility at the Y-12 National Security Complex by the U.S. Department of Energy National Nuclear Security Administration (DOE/NNSA). It is understood that the Y-12 National Security Complex, located in Oak Ridge, Tennessee, USA, is managed by the National Nuclear Security Administration (NNSA) under the U.S. Department of Energy. Its core business...
2026-09-14
Antares Wins U.S. Air Force Space Nuclear Energy Technology Contract
Antares recently announced that it has received a Strategic Breakthrough Award from the Office of the Assistant Secretary of the Air Force for Space Acquisition and Integration to advance space nuclear energy technology development. The company said this is currently the largest contract awarded by the U.S. War Department in the field of space nuclear energy. Antares CEO and co-founder Jordan Bramble said that space applications have been a core focus since the company's founding, and that cooperation with the Space Force has turned related concepts into formal space missions. He said nuclear fission technology is expected to provide space missions with strategic capabilities that are currently difficult to achieve. Under the project arrangement, Antares will carry out a ground nuclear power demonstration of the R1-S reactor...
2026-09-13
Progress on Contract Work for Vietnam's Ninh Thuan 1 Nuclear Power Plant
Alexey Likhachev, President of Rosatom, stated on September 3 during the Eastern Economic Forum that contract work for the construction and operation of Vietnam's first nuclear power plant, Ninh Thuan 1, is progressing. Likhachev said that relevant contract documents are being expedited, with the goal of reaching legally binding agreements on the project timeline and configuration options. He noted that the VVER-1200 Generation III+ reactor has been selected as the technical solution for the Ninh Thuan 1 Nuclear Power Plant. Meanwhile, both sides are also conducting preliminary research work on a research reactor. Vietnam's National Assembly decided in December 2024 to restart the Ninh Thuan 1 Nuclear Power Plant project. The project was previously suspended in 2016. According to an intergovernmental agreement signed during the Vietnamese Prime Minister's visit to Russia in March this year, the Ninh Thuan 1 Nuclear Power Plant will be built using advanced Russian technology and financed through a special loan provided by the Russian Federation.
2026-09-04
Rosatom and the Agency of the Republic of Kazakhstan for Atomic Energy Sign Contract for the Construction of a Nuclear Power Plant
Document Defines the Responsibilities of the Russian and Kazakhstani Parties in the Future Balkhash Nuclear Power Plant Project
2026-09-03