Finnish utility TVO has formally announced its requirements for bid inquiries to build Finland's fifth power generation reactor.

Earlier this year the Finnish parliament ratified the government’s decision in principle to build the reactor.

TVO is calling for bids for either a BWR or a PWR with a capacity of 1000-1600 MWe. The bid evaluation will start in late spring 2003. TVO said that the aim was to select the plant and its location at the end of 2003.