Don’t miss the latest developments in business and finance.

More cost overruns, delays for UK nuclear project: EDF

Image
AFP Paris
Last Updated : Sep 25 2019 | 2:50 PM IST

Britain's controversial Hinkley Point nuclear power plant project faces substantial fresh cost overruns and further delay, France's EDF power giant said Wednesday.

The company, part of a French-Chinese consortium awarded the two-reactor project in 2016 despite criticism from green groups and cost warnings from experts, warned that costs were "now estimated at between 21.5 and 22.5 billion pounds (24.4-25.5 million euros/$26.8-28.1 million."

Also Read

First Published: Sep 25 2019 | 2:50 PM IST

Next Story