French nuclear engineering company Areva (CEI.FR) may have to help cover the extra costs of between EUR500 million and EUR700 million from the delay in the construction of a nuclear power station in Finland, according to La Tribune on Monday.
The construction of Finland's flagship Olkiluoto 3 nuclear power plant will be delayed due to safety requirements taking longer than anticipated to implement, owner Teollisuuden Voima Oy said Friday in a statement.
The plant's supplier, a consortium which includes Areva and Germany's Siemens AG (SI), has informed TVO of the delay, postponing the start of commercial operation until 2011, according to the Finnish company.
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