08:29 AM EST, 03/07/2023 (MT Newswires) -- Candu Energy Inc., a member of the SNC-Lavalin Group (SNC.TO), on Tuesday said it has been selected by Nuclearelectrica S.A. (SNN), operator of the Cernavoda Nuclear Generating Station in Romania, to conduct further pre-project work for Cernavoda's Unit 1 CANDU reactor, ahead of its life-extension to support European energy security and Romania's Net Zero goals. The win builds on SNC-Lavalin's last pre-project mandate at Cernavoda announced in 2022.
The two-year $65 million mandate will see SNC-Lavalin perform long lead and front-end engineering services for the utility. This is in preparation for the upcoming Cernavoda Unit 1 Refurbishment project, which would see the reactor's operating life extended to 2060. The two CANDU units at the facility supply 20% of Romania's electricity.