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Nuclear: online bidding begins for NDA sites

The Nuclear Decommissioning Authority (NDA) began selling off its land yesterday, inviting firms looking to build new nuclear power plants to bid for three sites.

Following an announcement in December by the NDA and EDF concerning the disposal of land adjacent to NDA sites at Wylfa, Oldbury and Bradwell, the sale process has entered its final phase with the start of online bidding.

The bidding process will be run by Colliers CRE on their auction website and will allow pre-approved bidders to make bids in two windows each day. All bidders will be able to view the current highest bid on each lot and the winner for each lot will be the party with the highest bid on that lot when the auction closes. The auction will end once a period of 24 hours has elapsed without a bid on any of the three lots.

The three separate lots are for sale are:

  • The land at Wylfa, adjacent to an operating Magnox nuclear power station currently scheduled to close in March 2010, comprises NDA and EDF owned land totalling approximately 178ha, together with an option to acquire any grid connection rights in respect of Wylfa held by any member of the EDF Group or the NDA.
  • The land at Oldbury, adjacent to an operating Magnox nuclear power station currently scheduled to close in 2010, comprises NDA owned land totalling approximately 48ha.
  • The land at Bradwell, adjacent to a Magnox nuclear power station currently being decommissioned, comprises NDA owned land totalling approximately 200ha.

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