Mississauga, ON – 2013 March 06 - Contrary to recent media reports, Candu Energy Inc. has not pulled out of a bid for the construction of the first nuclear project at Sinop on the Black Sea.
Candu Energy has submitted a feasibility report for the construction of four EC6 units at Sinop. We expect our Enhanced CANDU 6 option, with its medium size, localized fuel fabrication, proven and licensable design, and excellent project delivery record to be an excellent option for nuclear power in Turkey.
About Candu Energy Inc.
Candu Energy Inc. is a leading full-service nuclear technology company providing nuclear power reactors and nuclear products and services to customers worldwide. Candu Energy’s 1,400 highly skilled employees design and deliver state-of-the-art CANDU® reactors, carry out life extension projects, provide plant life management programs and tools, and offer operation and maintenance services for existing nuclear power stations.
Candu Energy’s Enhanced CANDU 6 (EC6) reactor is a 700MW Class Generation III reactor based on the highly successful CANDU 6 reactor with a number of safety enhancements to meet the latest Canadian and international standards. It uses natural uranium fuel, heavy-water moderator and heavy-water coolant in a pressure tube design. It can be refueled on power and has one of the highest lifetime capacity factors among the world’s reactors. It is ideal for small and medium electric grids, and benefits from the CANDU 6 experience of proven design, construction and operation.
Candu Energy is a wholly-owned subsidiary of SNC-Lavalin Group Inc. (TSX: SNC). For more information, visit www.candu.com.
Candu Energy Inc.
905-823-9040 ext. 37349