EDF raises cost estimates for Hinkley Point after review
By Sudip Kar-Gupta and Bate FelixPARIS (Reuters) - French state-owned utility EDFflagged a construction cost overrun at its Hinkley Point C nuclear power station in Britain on Monday, in a new blow for a group of EDF projects already facing delays, rising costs and other problems.After a review, EDF said the cost of completion had increased by 1.5 billion pounds to stand at 19.6 billion pounds - an increase that means its predicted rate of return on investment will fall to 8.5 percent from 9 per
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