Westinghouse Wins Massive Contract to Design Nuclear Power Plants in China

By Pfister, Bonnie | Tribune-Review/Pittsburgh Tribune-Review, December 16, 2006 | Go to article overview
Save to active project

Westinghouse Wins Massive Contract to Design Nuclear Power Plants in China


Pfister, Bonnie, Tribune-Review/Pittsburgh Tribune-Review


Westinghouse Electric Co. has won a long-awaited multi-billion dollar contract from the government of China to design four nuclear power plants in the energy-hungry nation, company officials said today.

Westinghouse CEO Steve Tritch announced the deal, which will use the Monroeville-based company's new AP1000 technology, in Beijing at about 2:30 a.m. Pittsburgh time.

Previously the value of the contract had been estimated at $8 billion, but Bloomberg News reported from China that the project was worth about $5.3 billion. Westinghouse spokesman Vaughn Gilbert declined this morning to confirm or deny that figure.

In a decision anticipated for two years, Westinghouse's design beat out that of rival Areva SA, France's state-owned nuclear engineering firm. Plants using Westinghouse's AP1000 design, approved by U.S. regulators earlier this year, are able to generate enough power to electrify 880,000 homes.

The news comes two weeks after Westinghouse announced it would hire at least 1,000 additional high-paid workers in Western Pennsylvania in the next decade. That number is part of the 5,000 new hires that will be made by Westinghouse and its partner, The Shaw Group, across the United States as a result of the Chinese contract, Gilbert said.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited article

Westinghouse Wins Massive Contract to Design Nuclear Power Plants in China
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?