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COPYRIGHT 2005 Asia Pulse Pty Ltd
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BATON ROUGE, La.--(BUSINESS WIRE)--June 10, 2005-- Westinghouse/Mitsubishi/Shaw Consortium to Target New Nuclear Power Plant Opportunities in China The Shaw Group Inc. (NYSE: SGR) today announced that its Shaw Stone & Webster unit has joined the Westinghouse Electric Company and Mitsubishi Heavy Industries (Tokyo Stock Exchange: MHI) "AP1000 Consortium". The AP1000 Consortium is currently proposing to provide the "Nuclear Island," including the AP1000 reactor and technology transfer, for four nuclear generating units in China where the demand for energy is growing rapidly.
Two of the nuclear units would be constructed in Sanmen, in the Zhejiang province near Qinshan, for China National Nuclear Corporation. The two remaining units would be built in Yangjiang, in the Guangdong province west of Hong Kong, for China Guangdong Nuclear Power Company. The scope of work for Shaw would include construction management, project planning and oversight, and a portion of the engineering and procurement functions. Shaw will provide piping modules and modularization expertise through its...
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