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Dominion unable to reach nuclear deal with GE Hitachi

Fri Jan 9, 2009 5:30pm EST

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HOUSTON, Jan 9 (Reuters) - Dominion Resources Inc (D.N) has been unable to reach an agreement with GE Hitachi to pursue development of a new nuclear plant in Virginia, a spokesman said on Friday.

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Jim Norvelle said Dominion has decided to open a competitive bidding process to select a new engineering, procurement and construction partner for a proposed single new reactor at the North Anna nuclear station in Virginia.

Norvelle said Dominion will continue its pursuit of a construction license with the Nuclear Regulatory Commission based on the General Electric Co (GE.N)/Hitachi Ltd's (6501.T) 1,550 MW Economic Simplified Boiling Water Reactor (ESBWR) design. (Reporting by Eileen O'Grady; Editing by David Gregorio)

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