UK nuclear project hits serious cost problems
Published 14/02/2012 | 05:00
Britain's biggest nuclear project has run into serious trouble, with missed deadlines and cost overruns threatening the future of the nuclear reprocessing operation at Sellafield.
Nuclear authorities have ordered a review of a monumental construction project at Sellafield that is millions of pounds over budget and more than four years late following a series of delays and financial mismanagement. The "Evaporator D" project was originally estimated to cost £90m (€108m) and was due to be completed in 2010. The Nuclear Decommissioning Authority, which has taken over responsibility for running Sellafield from the defunct British Nuclear Fuels Ltd, says that the actual costs are now estimated to be "around £400m" with a completion date no sooner than 2014.
The review, however, is likely to conclude that the final costs could be substantially greater © Independent News Service)