Organization of CANDU Industries congratulates AECL on 5th anniversary of China's CANDU nuclear plant

Qinshan project a testament to Canada's supply chain delivering on-time and on-budget

     PICKERING, ON, Oct. 24 /CNW/ - The Organization of CANDU Industries (OCI)
congratulates Atomic Energy of Canada Limited (AECL) on the 5th anniversary of
the Qinshan Phase III CANDU nuclear reactor project in Zhejiang Province,
China. Praised by Chinese politicians as the most successful major
infrastructure project ever undertaken in the country, the AECL-designed and
built reactors were completed 112 days ahead of schedule and 10 per cent under
budget.
     "OCI is proud of the fact that its members played an integral role in
helping AECL complete the Qinshan project, ahead of schedule and under
budget," says OCI president Dr. Neil Alexander. "Our 112 members produce high
quality parts and services, and represent a strong and experienced nuclear
supply chain for CANDU reactors. We look forward to working on more nuclear
projects around the world to meet the growing demand for clean, reliable
sources of electricity."
     The nuclear industry is on the verge of a dramatic expansion as countries
around the world take a fresh look at nuclear power as a reliable source of
safe power that has virtually no effect on climate change. It's been estimated
that 200 nuclear reactors will be built around the world in the next 20 years
meaning great economic and job opportunities for Canada's nuclear industry.
The Qinshan CANDU project created 27,000 person years of work for Canadian
nuclear workers and resulted in $815 million worth of exports from Canada
during the construction period.
     "Countries around the world can look to Qinshan as an example of what's
possible when a strong supply chain supports the construction of a nuclear
power plant," says Dr. Alexander. "OCI looks forward to further opportunities
with AECL, especially with its new ACR-1000 reactor."

     About the Organization of CANDU Industries

     The Organization of CANDU Industries (OCI) represents 110 Canadian
companies supplying goods & services for CANDU reactors in domestic & export
markets. OCI companies provide engineering services & manufactured components
for the CANDU industry and although it functions separately from design
authorities & utilities, OCI members participate in design, manufacture,
construction & commissioning of CANDU plants here at home and abroad.


For further information: Josh Turner, (416) 322-3030 ext. 232, Cell: (647)
828-0862, josh@trilliumpr.com