Candu Energy meets with suppliers

Meeting designed to develop Ontario nuclear proposal

December 5, 2012
by PurchasingB2B Staff

MISSISSAUGA, ON—Candu Energy Inc met recently with nearly 100 of its Ontario-based suppliers to further develop a nuclear proposal for Ontario. Candu Energy said it’s preparing construction plans, schedules and cost estimates for two potential reactors at Ontario Power Generation’s (OPG) Darlington site, to be submitted in June 2013.

“We are committed to developing the best price and schedule for Ontario electricity consumers, while maximizing the benefit to Ontario’s nuclear and balance of plant supply chain,” said Kevin Wallace, Candu’s president and general manager. Over the course of the day, current and potential suppliers learned about Candu Energy’s procurement process and the requirements in terms of providing quality products and services as part of the company’s proposal.

Candu Energy said that while it’s focusing much of its attention to this potential project, there’s also interest in CANDU reactors outside the country—projects the company said would bring jobs to globally-competitive suppliers in Canada. OPG currently operates two power stations at Pickering and Darlington, consisting of 10 CANDU reactors. Those reactors account for almost 30 percent of the electricity generated in Ontario.

Candu’s suppliers employ roughly 30,000 highly skilled and specialized people who manufacture major equipment and components and provide engineering services and support for CANDU nuclear power plants in Canada and abroad.