Candu Energy Meets with Suppliers to Further Develop Ontario New Nuclear Proposal

Candu Energy Meets with Suppliers to Further Develop Ontario New Nuclear 
MISSISSAUGA, ON, Dec. 4, 2012 /CNW/ - On Friday, November 30, Candu Energy 
Inc. met with close to 100 of its key Ontario-based suppliers with the goal of 
further developing a cost-effective nuclear solution for Ontario. 
Candu Energy is currently preparing detailed construction plans, schedules and 
cost estimates for two potential Enhanced CANDU 6 ® (EC6®) reactors at 
Ontario Power Generation's (OPG) Darlington site. They will be submitted in 
June 2013. A 2012 study by the Canadian Manufacturers and Exporters says 
construction of two new CANDU reactors would be a tremendous additional job 
driver, producing 60,000 person-years of work over a five-year period. 
"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 & 
General Manager. "The workshop we held on Friday will help us do just that." 
Over the course of the day, current and potential suppliers learned more about 
Candu Energy's procurement process, and the requirements in terms of providing 
well-priced competitive quality products and services as part of the company's 
While Candu Energy is focusing much of its attention to this potential 
project, there is also significant interest in CANDU reactors outside the 
country - projects which would bring jobs to globally-competitive suppliers in 
Canada. The same CME study found that building a pair of EC6 reactors outside 
of Canada would support over 2,200 person-years of direct, high-wage work and 
over $2.5 billion in economic activity here in Canada. 
OPG currently operates two power stations at Pickering and Darlington, 
consisting of 10 CANDU reactors. Those reactors account for almost 30 per cent 
of the electricity generated in Ontario, regularly powering 4.7 million 
CANDU technology's 60 year history in this country has built a large, stable 
supplier base, which is eager to work on the next generation of CANDU 
technology for Ontario. Candu's suppliers employ approximately 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. In the last decade, six CANDU reactors were built and 
delivered to international customers. All of these projects have been 
delivered on or ahead of schedule, and on budget. 
Earlier this year, the Canadian Nuclear Safety Commission (CNSC) completed 
Phase 2 of a Pre-Project Design Review of Candu's EC6 reactor. The CNSC 
concluded that there are no fundamental barriers to licensing the EC6 design 
in Canada; this is the key step for licensing consideration of a nuclear power 
plant in Canada. The EC6 is the only reactor being considered by OPG to have 
completed this review to date. 
The EC6 Technology Day was organized with the assistance of the OCI, the 
industry association representing 175 companies that supply products and 
services to CANDU plants in Canada and around the world. 
About the Enhanced CANDU 6
The Enhanced CANDU 6 (EC6) is a 700MW Class Generation III reactor based on 
the highly successful CANDU 6 reactor with a number of safety enhancements to 
meet the latest Canadian and international standards. It uses natural uranium 
fuel, heavy-water moderator and heavy-water coolant in a pressure tube design. 
It can be refueled on power and has one of the highest lifetime capacity 
factors among the world's reactors. It is ideal for small and medium electric 
grids, and benefits from the CANDU 6 experience of proven design, construction 
and operation. 
About Candu Energy Inc. Candu Energy Inc. is a leading full-service nuclear 
technology company providing nuclear power reactors and nuclear products and 
services to customers worldwide. Candu's 1,400 highly skilled employees design 
and deliver state-of-the-art CANDU(®) reactors, carry out life extension 
projects, provide plant life management programs and tools, and offer 
operation and maintenance services for existing nuclear power stations. 
Candu is a wholly-owned subsidiary of SNC-Lavalin Group Inc. (TSX: SNC). For 
more information, visit 
Contact: Katherine Ward Candu Energy Inc. 
905-823-9040 ext. 37349 
SOURCE: Candu Energy Inc. 
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CO: Candu Energy Inc.
ST: Ontario
-0- Dec/04/2012 19:30 GMT
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