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Toshiba to pay $2.2bn compensation to quit US nuclear power project

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Toshiba to pay $2.2bn compensation to quit US nuclear power project
01 August 2017, Sweetcrude, Houston — Toshiba has agreed to pay $2.168bn as compensation for quitting from fulfilling a contract to build two nuclear reactors for a US project owned by South Carolina Electric & Gas Company (SCE&G) and Santee Cooper. The Japanese firm’s subsidiary Westinghouse Electric was given the engineering, procurement, and construction (EPC) […] More »
Toshiba to pay $2.2bn compensation to quit US nuclear power project Toshiba to pay $2.2bn compensation to quit US nuclear power project Reviewed by Crude Oil Facilitators on 10:52 Rating: 5

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