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TVA, Westinghouse announce nuclear fuel contract

PITTSBURGH, July 31, 2003 -- The Tennessee Valley Authority has selected Westinghouse Electric Company to provide additional nuclear fuel fabrication services for four additional regions of fuel for the Watts Bar nuclear plant in Spring City, Tenn. The award is an extension of an existing contract that has been in place since the plant began commercial operation in 1996.

The fuel will be manufactured at the Westinghouse fuel fabrication facility in Columbia, South Carolina.

TVA is the nation's largest public power producer and is completely self-financed. TVA provides power to large industries and 158 power distributors that serve 8.3 million consumers in seven southeastern states. TVA operates five nuclear units at three sites in Tennessee and Alabama.

Westinghouse Electric Company, wholly owned by BNFL plc of the United Kingdom, is a nuclear power company and is a supplier of nuclear plant products and technologies to utilities throughout the world. Today, Westinghouse technology is the basis for approximately one-half of the world's operating nuclear plants.




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