UPDATE 2-Entergy’s Indian Point reactor unit shut by explosion

* Explosion on main transformer forces Unit 2 to shut

* No injuries reported at Indian Point

* Vermont Yankee plant also shut due to pipe leakage
(Adds details, background)

By Antonita Madonna Devotta

BANGALORE, Nov 8 (BestGrowthStock) – An explosion on Entergy Corp’s
(ETR.N: ) main transformer on Sunday shut the 1,020-megawatt Unit
2 at the Indian Point nuclear power plant in New York, the
second shutdown at the company’s nuclear plants within an hour.

The company has also shut its 605-megawatt nuclear plant in
Vernon, Vermont due to a system pipe leakage. The reactor is
known to have leaked tritium twice this year and the Vermont
Senate has voted to permanently shut the plant in 2012.
[ID:nSGE6A701X]

News of the two shutdowns arrive at a time when Entergy
faces a civil investigation by the U.S. Department of Justice
into the way the power utility operates its transmission system
and power plants in Louisiana, Arkansas, Mississippi and Texas.

There were no casualties or injuries associated with Sunday
evening’s explosion at the Indian Point reactor and no
resulting fire, a company spokesman said.

An electrical problem set off the explosion and workers
have begun inspecting the equipment, spokesman Jim Steets said.

Sunday’s explosion, which took place at about 18.30 Eastern
Time, holds no danger of a radiation leak, he added.

“The plant safely shut down automatically,” Steets said.
“The plants system responded well to the shutdown.”

Entergy has been plagued by several problems related to its
older, inefficient power plants.

Independent power producers and small municipal utilities
have complained for a decade about how Entergy controls access
to its 15,000-mile (24,000-km) transmission system, alleging
the company has avoided upgrading its grid network.

The Unit 1 reactor at Indian Point plant was shut down
permanently in 1974 as the emergency core cooling system did
not meet regulatory requirements. Unit 3 is now operating at
full capacity at the 2,045-megawatt power plant complex.

While the company has not named the substance leaked out of
the feedwater system piping at the Vermont Yankee plant, some
media reports said the water had low levels of radioactive
elements.

The company, however, did not immediately return calls
seeking comments on the Vermont plant.
(Editing by Himani Sarkar; Editing by Himani Sarkar)

UPDATE 2-Entergy’s Indian Point reactor unit shut by explosion