China's Daya Bay nuclear power station

Comment

“Not only was this the largest single investment in Finnish industrial history so far but the mutual developer and operator model was unique. Many observers felt it would be difficult to put together a funding structure for a new nuclear power station that wasn’t within the usual big utility model. The project also came after a long period when there had been no new nuclear build with the result that investors were unfamiliar with such projects. We overcame these difficulties and also addressed issues such as the effective financing and management of nuclear waste costs.” (PwC)

Context

Daya Bay is the largest operating nuclear complex in the world. PwC assisted the Daya Bay Nuclear Management Company (DNMC), and its holding company China Guangdong Nuclear Power Corporation (CGNPC), to implement SAP’s ERP and EAM solution at three existing power plants for six operating reactors. This solution will provide Daya Bay’s management full financial and enterprise asset management, coordinating everything from daily plant operations, maintenance, supply chain, and financials.

Deliverables

The project was completed in less than 18 months. The full original project scope was completed on time and on budget. The business scope included end to end finance, costing, supply chain management, work management, asset management, plant operations and blocking, and HR time entry. The solution is the foundation upon which CGNPC can manage its fleet of five other nuclear sites (20+units) currently under construction.

Comment

“CGNPC needed to be able to demonstrate world class business controls, practices, and transparency to participate in world financial markets and to adhere to world nuclear safety standards. The project was able to deliver clear and verified reporting into a complex multitude of processes, organisations, and tools. Another system integrator had failed. DNMC was in the unenviable position of having a project that had to be restarted from the beginning. The project included a team of PwC American ERP/EAM experts integrated with a team of PwC China consultants with further support from our Global Development Center (GDC) in Beijing.” (PwC)