Group Five nuclear upgrade

May 29, 2013 - New projects South Africa

from MoneyWeb – Group Five wins a share in nuclear upgrade.

JSE-listed construction firm Group Five (JSE:GRF) has secured a nuclear construction contract in partnership with Lesedi Nuclear Services that positions it well for future nuclear projects and adds impetus to its strategy of expanding and diversifying its energy business.

The Koeberg contract is the first nuclear contract Group Five has won. While the value of the project is not disclosed it involves the design, manufacture and replacement of the 1 800 m³ Refuelling Water Storage Tanks at Eskom’s Koeberg Nuclear Power Station.

http://www.moneyweb.co.za/moneyweb-industrials/first-nuclear-project-in-aeons

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