Westinghouse, Areva make bids for US$8bn nuclear project

Westinghouse Electric Co. and France's Areva SA submitted bids for a US$8bn contract to build four nuclear reactors in China, Bloomberg reported. Westinghouse has yet to win a contract in China due to a previous US export ban. Areva has supplied four of China's nine working nuclear plants. China's four planned reactors are the first of about 20 in a new US$54bn project that will quadruple China's nuclear power capacity by 2020.