Rolls-Royce Awarded China Nuclear Contract
September 03 2020 - 4:25AM
Dow Jones News
By Anthony O. Goriainoff
Rolls-Royce Holdings PLC said Thursday that it has been awarded
a multi-million euros contract by China National Nuclear
Corporation to provide neutron flux technology to two nuclear
reactors.
The U.K. engineering company said that as part of the contract
it will provide a complete system using the Spinline digital
technology, including ex-core neutron detectors, cables and
connections and associated electronic systems, to Zhangzhou 1 and
Zhangzhou 2, which are currently under construction.
The company said the system will be designed, manufactured and
tested by its nuclear instrumentation & control teams in
France.
"We are delighted to have signed this new contract, which is
further proof of the confidence that CNNC places in our I&C
technologies and in our people," the company said.
Shares at 0850 GMT were up 13.20 pence, or 6.1%, at 230.80
pence.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
September 03, 2020 05:10 ET (09:10 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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