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Mitsubishi Heavy Industries Ltd. said Wednesday it has reached a basic agreement to help Westinghouse Electric Co. of the United States develop a new 1,000-megawatt nuclear reactor.

MHI said in a press release that Westinghouse is aiming to receive design certification for the new pressurized water reactor, called the AP1000, from the U.S. Nuclear Regulatory Commission by the end of 2004.

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