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Rosatom, Areva Won't Link

The Russian bidder for the contract to enlarge a Czech nuclear power plant on Wednesday ruled out linking its bid with French company Areva, which was disqualified from the tender last week.

Media had reported that Rosatom, helping to lead a Russian-Czech consortium, could partner with Areva in the tender, which is estimated to be worth more than $10 billion.

On Friday, utility CEZ announced it had thrown out the French group's bid for failure meet "crucial requirements." The utility declined to detail reasons for the disqualification.

Areva's exit leaves Toshiba's U.S. unit Westinghouse and Russia's Atomstroiexport, a Rosatom unit, as the only bidders, pending an appeal by the French group.


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