It is being reported that the China-France contract is worth up to Euro 6 billion (US$8.25 billion). The cost of the first EPR built by Areva in Finland was estimated to be three billion euros. The two third-generation reactors will boost CGNPC's output by 3,200 megawatts. The deal must be ratified by French and Chinese authorities.
Westinghouse Electric Co -- Areva's main competitor for the supply of nuclear reactors to China signed deals to build four nuclear power plants in China. US, European and Russian suppliers of nuclear power technology have all been competing to get contracts in China, where as many as 32 nuclear plants are expected to be built by 2020. (CHINAdaily)