October 2, 2019 / 11:03 AM / 2 months ago

UPDATE 1-Framatome-Siemens to supply IT systems to Finnish nuclear reactor

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OSLO, Oct 2 (Reuters) - France’s Framatome and Germany’s Siemens have won contracts to supply the main instrumentation and control (I&C) systems to Fennovoima’s planned Hanhikivi 1 nuclear reactor in Finland, the unit’s owner said on Wednesday.

Under the contracts, Framatome will supply the safety automation systems and Siemens will be the operational I&C systems supplier, the Fennovoima consortium said in a statement.

The planned start-up of the 1.2 gigawatt reactor, which is expected to cost 6.5 billion to 7 billion euros ($7.1 billion-$7.6 billion) and boost Finland’s domestic energy production, was last December postponed by four years to 2028 as more time was needed to secure the project’s licences.

“Now when all the major suppliers have been selected, the design and licensing work can proceed according to our schedule,” Fennovoima said.

The I&C systems of a nuclear power plant provide the control, protection and monitoring functions needed to ensure the safe and reliable operation of the plant.

Fennovoima is a Finnish-Russian consortium whose owners include Russian state nuclear company Rosatom, Finnish power company Fortum and stainless steel maker Outokumpu among other firms.

$1 = 0.9161 euros Reporting by Lefteris Karagiannopoulos, editing by Terje Solsvik and David Evans

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