AECL wins 1st Japan contract
Atomic Energy of Canada Limited announced Tuesday it has signed a multimillion-dollar contract with Tokyo Electric Power Company.
It is the Crown corporation's first contract in Japan.
The deal is for the sale of pump seals critical to nuclear power plant operation, spare parts, and training and consulting services. Specific financial terms were not disclosed.
The nuclear technology company said the first pump seal was installed in early November on the boiler system of a Japanese nuclear power plant that began operations earlier this month.
"This is the outcome of excellent teamwork between Canada and Japan, and this sale, and the subsequent successful installation, is extremely important to AECL's global services business," said Scott Malcolm, acting general manager of Candu services for AECL.
"This shows our ability to service global power markets in addition to our Candu nuclear power plant customers."
The federal government has said it is looking at selling off AECL and has sought bids for the company.
With files from The Canadian Press