Westinghouse Surprised and Disappointed with Latest Legal Decision on Koeberg Contract
March 28 2015 - 1:00PM
Business Wire
Westinghouse Electric Company is surprised and disappointed with
the outcome of its challenge to the legality of the decision by
Eskom's Board Tender Committee to award the tender for the
provision of six new steam generators, to be installed in the two
nuclear reactors at the Koeberg nuclear power station, to Areva.
The finding was passed down following the hearing from February 17
to 19, 2015 in the High Court (Gauteng Local Division,
Johannesburg, Pritchard Street), during which each party stated its
case before open court. Subject to a review of the court’s
reasons, Westinghouse intends to appeal the decision.
Westinghouse Electric Company, a group company of Toshiba
Corporation (TKY:6502), is the world's pioneering nuclear energy
company and is a leading supplier of nuclear plant products and
technologies to utilities throughout the world. Westinghouse
supplied the world's first pressurized water reactor in 1957 in
Shippingport, Pa., U.S. Today, Westinghouse technology is the basis
for approximately one-half of the world's operating nuclear plants,
including more than 50 percent of those in Europe.
Westinghouse Europe, Middle East and AfricaHans Korteweg, +32
(0)2 645-7162 (office), +32 (0)479-75-13-60 (mobile)Communications
Managerkortewh@westinghouse.com