Areva SA (ARVCY/ARVCY.PK) Wrap Up:

Areva SA provides technological solutions for carbon dioxide free nuclear power generation, and electricity transmission and distribution. It engages in mining uranium ore and gold; and manufacturing nuclear fuel assemblies for pressurized water reactors, boiling water reactors, and research reactors. The company also designs and constructs light water nuclear reactors, pressurized water reactors, boiling water reactors, and the EPR type reactors, as well as provides maintenance services for existing reactors. In addition, Areva SA develops technologies to treat spent fuel after its use in nuclear power plants; and provides logistics, engineering, and rehabilitation services. Further, it designs and manufactures high output offshore turbines; designs and supplies turnkey bio-energy power plants; and small hydro-electric power plants, as well as offers solutions for producing hydrogen by water electrolysis and for generating electricity with fuel cells. The company also supplies products, systems, and services to electricity transmission and distribution from the power plant to final users serving electric utilities, wind energy, paper and glass, transportation, power engineering, and oil, mining, and metals industries. It has operations in Europe, North America, and Asia. The company has a strategic partnership agreement with Astonfield Renewable Resources Private Limited to develop biomass power plants in India. Areva SA is headquartered in Paris, France.