Teollisuuden Voima (TVO) has received bids related to the new Olkiluoto 4 nuclear power plant unit to be constructed in Olkiluoto in Finland.
TVO invited bids for a nuclear power plant unit with an electric output of approximatively 1450 - 1750 MW. The construction licence application will be submitted to the Finnish Government by mid-2015. The construction of the power plant unit can start after the investment decision has been made and the construction licence granted.
The supplier candidates for the OL4 reactor island include Areva with an EPR plant type, GE Hitachi with an ESBWR plant type, Korea Hydro & Nuclear Power with an APR1400 plant type, Mitsubishi Heavy Industries with an APWR plant type and Toshiba with an ABWR plant type.
TVO is the second largest power producing company in Finland. It is owned by Pohjolan Voima (PVO) with 58.5%, Fortum (25.8%), EPV (6.5%), Mankala (8.1%) and Karhu Voima and Kemira (1.1% together).
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