Czech utility CEZ has reportedly said that it has submitted a bid for the construction of two new reactor units at the Cernavoda nuclear power plant in Romania, according to the Associated Press. The contract is reported to be worth $3.15 billion.

According to the publication, Romanian nuclear power firm Societatea Nationala Nuclearelectrica is looking for development partners for the construction of two 720MW reactors at the power plant, which already has two reactors.

The Associated Press cited Mediafax news agency as revealing that other bidders for the project are Enel, Electrabel, Iberdola, RWE and Arcelor Mittal Romania.

Nuclearelectrica is reported to have said that the result of the tender will be known by the end of November 2007.