Nuclear industry subcontractors get £31m from TSB-led group

Posted on 26 Mar 2013

Business secretary Vince Cable has approved £31 million in new funding that aims to enhance the nuclear supply chain and help commercialise new technologies for a global nuclear energy market.

The funding will support 35 projects across the UK to develop new technologies for the construction, operation and decommissioning of nuclear power plants. The project expects to bring together over 60 experienced organisations including developers Laing O’Rourke, Sheffield Forgemasters and EDF. They will work alongside innovative small and medium sized enterprises (SMEs) and universities. The…

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