Framatome / French Company Signs Long-Term Service Contracts For Olkiluoto-3 EPR

By Kamen Kraev
20 February 2020

French Company Signs Long-Term Service Contracts For Olkiluoto-3 EPR
Olkiluoto-3 EPR plant in northern Finland. Image courtesy Framatome.
France’s nuclear equipment manufacturer Framatome has signed several service contracts for the Olkiluoto-3 nuclear plant in Finland with owner utility Teollisuuden Voima Oyj (TVO), the French company said.

The contracts will cover outage and maintenance services, including engineering, instrumentation and control systems, and non-destructive testing services.

Famatome did not disclose a value for the contracts, but said that they will be valid for “an extended period of time” to cover long-term operation of Olkiluoto-3.

Olkiluoto-3, is a 1,600-MW EPR unit supplied by a consortium between Siemens and Areva (now Framatome). It has been under construction since 2005 with commercial operation scheduled for early 2021.

“These contracts mark an important step as we work with TVO to prepare for the operation of the EPR at Olkiluoto 3,” said Bernard Fontana, chief executive of Framatome.

Framatome said it created Framatome Finland Oy, a new local subsidiary, to support the execution of the servicing contracts and to foster growth in northern Europe. Framatome Finland Oy will use the competencies developed during the Olkiluoto 3 project and will consolidate the local supply chain, said the French company.

“Our presence in Finland will allow us to effectively deliver these service contracts for the Olkiluoto 3 EPR and positions us to further support our utility partners in Finland and Sweden,” said Catherine Cornand, senior executive vice president at Framatome.

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