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updated 01:59, Wed December 12, 2007

GE Hitachi Nuclear Energy Agrees to Provide Nuclear Reactor Parts for Possible Exelon Plant

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NEW ORLEANS (AP) -- GE Hitachi Nuclear Energy said Tuesday it has received a tentative multimillion-dollar order from power plant operator Exelon Corp. to provide parts for two possible nuclear reactors.

The deal for steam turbine generators and other components depends on whether Exelon's nuclear division decides to continue with plans for a plant in Texas. GE Hitachi said Exelon needs to have plans in place ahead of time to make sure the parts are available.

"Signing this agreement with (GE Hitachi) helps us preserve the option to build a new nuclear plant should we decide to do so in the future," Thomas S. O'Neill, Exelon Nuclear's vice president of new plant development, said in a statement.

Terms were not disclosed.

Exelon is looking for a site in southeast Texas before it applies for an operating license for the plant.

Wilmington, N.C.-based GE Hitachi is a partnership between General Electric Co. and Japan's Hitachi Ltd.

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