British Energy's repair bill for nuclear plants 'spirals over £50m'

[jpak]

http://business.scotsman.com/energyutilities/-BE39s-repair-bill-for.4301635.jp

NUCLEAR power group British Energy yesterday admitted that the cost of repairs at two of its reactors had spiralled beyond initial £50 million estimates.
Delays and complications at the Hartlepool and Heysham 1 plants will be "significantly higher", the company conceded.

Chairman Sir Adrian Montague told the group's annual general meeting in Edinburgh that there would be "slippage" in the programme
to repair the units, which have been shut down since October of last year.

Repairing corroded equipment at the sites will mean they will now not be operable until the third quarter of 2008, further hitting income at the East Kilbride-based energy group.

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