Bayshore Broadcasting Corporation
News Centre

News Centre


Tuesday, April 24, 2018

Bruce Power Signs $914 Million In Contracts

Tiverton | by Kevin Bernard  

More multi-million dollar contracts have been awarded by Bruce Power as it gears up for refurbishment work

More multi-million dollar contracts have been awarded by Bruce Power as it gears up for refurbishment work on the nuclear power facility.

Monday, Bruce Power signed $914 million in advanced manufacturing contracts for its Major Component Replacement, which gets underway in 2020.

Officials say Bruce Power's Life-Extension Program, which started in January 2016 and includes the Major Component Replacements on Units 3-8, remains on time and on budget.

President and CEO Mike Rencheck says by signing these contracts, they have secured 'Made in Ontario' solutions for the components they will need to successfully complete our the Projects.

The MCR project will extend the life of the Bruce Power site to 2064.

Rencheck says by extending the life of Bruce Power's reactors the company will create and sustain 22,000 jobs annually, both directly and indirectly across Ontario.

The Major Component Replacement (MCR) Project agreements include:
$642 million to BWXT Canada Inc. for the manufacturing of 32 steam generators.
$144 million to Laker Energy Products for end fittings, liners and flow elements.

share this story



Bayshore Broadcasting Corporation
© 2019 Bayshore Broadcasting Corporation

Web Site by Websmart Inc