Panel Sticks To Warranty Cap -- $137M -- In San Onofre Case

In a decision certain to rattle the owners of nuclear power plants or revise their contract negotiations with suppliers, arbitrators at the International Chamber of Commerce said Tuesday that Mitsubishi Heavy Industries (MHI) would only need to pay the warranty cap to the owners of the San Onofre Nuclear Generating Station based on faulty steam generators that were responsible for a complete shut down of Units 2 and 3 at the coastal California plant.(read more)