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Velan Awarded Important Valve Order for Pickering Nuclear Generation Station Refurbishment
Velan Inc. will supply Emergency Cooling Injection valves worth over $20 million CAD for three Pickering reactors, supporting refurbishment and clean energy goals.
- On Oct. 20, 2025, Velan Inc. was awarded a valve order exceeding $20 million CAD by Ontario Power Generation to supply Emergency Cooling Injection valves for three reactors at the Pickering Nuclear Generation Station.
- Velan supplied the original valves more than 45 years ago and has continuously supported Pickering through construction and refurbishments.
- ASME III class 1 valves are specified, with Velan planning first shipment in January 2027 and final delivery by January 31, 2028, from its Montreal headquarters and manufacturing plants in 9 countries.
- The order supports refurbishment efforts at Pickering, directly aiding three reactors and advancing Canadian nuclear innovation and CANDU technology, Velan said CEO James Mannebach.
- The company, listed on the Toronto Stock Exchange as VLN, cautioned that forward-looking statements about the project are subject to risks and uncertainties.
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Velan Awarded Important Valve Order for Pickering Nuclear Generation Station Refurbishment
MONTREAL, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Velan Inc. has been awarded a valve order exceeding $20 million CAD from Ontario Power Generation (OPG) to supply Emergency Cooling Injection (ECI) valves for three reactors being refurbished at the Pickering Nuclear Generation Station, one of the world's largest nuclear facilities. These critical valves, rated ASME III class 1, represent the highest standard of safety and reliability in their category…
·New York, United States
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Total News Sources11
Leaning Left7Leaning Right2Center2Last UpdatedBias Distribution64% Left
Bias Distribution
- 64% of the sources lean Left
64% Left
L 64%
C 18%
R 18%
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