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Stock impact report

Ghana to select builder for nuclear plant from global contenders [Yahoo! Finance]

NuScale Power Corporation (SMR) 
Company Research Source: Yahoo! Finance
Power deputy director in charge of nuclear and alternative energy Robert Sogbadji has confirmed the list of competitors, which includes France's EDF, US-based NuScale Power and Regnum Technology Group, the China National Nuclear Corporation, South Korea's Kepco and its subsidiary Korea Hydro Nuclear Power Corporation, and Russia's ROSATOM. The selection process is a significant step towards realising the country's long-considered nuclear ambitions. Reuters quoted Sogbadji: “Cabinet will approve the final choice. It can be one vendor or two nations; it will depend on the financial model and the technical details.” The idea of a nuclear power plant in Ghana dates back to the 1960s but was interrupted by a coup. The plan was revitalised in 2006 with support from the International Atomic Energy Association after a severe power crisis in the country. 16 countries and companies initially responded to the government's request for vendors, but a technical team led by the energy min Show less Read more
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