Losing nuclear bidder threatens appeal

30 March 2015 - 02:01 By Reuters

Westinghouse, the world's largest nuclear fuel producer, will appeal a South African court ruling dismissing its application to have the bidding process of a $334-million (about R4-billion) contract reopened, it said at the weekend. Westinghouse, part of Japan's Toshiba Corp, cried foul last year after losing out on the contract to supply power utility Eskom with steam generators, saying the process was flawed."Subject to a review of the court's reasons, Westinghouse intends to appeal the decision," it said.French rival Areva SA won the contract to replace the six steam generators at the country's only nuclear power plant, Koeberg, near Cape Town. ..

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