NRC denies UniStar's application for Md. reactor project

03/12/2013 | Reuters

UniStar's appeal of a decision blocking it from pursuing construction of a third Calvert Cliffs reactor in Maryland was rejected by the Nuclear Regulatory Commission. The Atomic Energy Act and NRC rules bar foreign-controlled firms from holding majority shares in U.S. reactors, the agency said in explaining its decision. UniStar, however, could amend its application should it find a U.S.-based partner.

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