Finland's TVO submits claim on nuclear unit delay

HELSINKI, Oct 1 (Reuters) - Finnish utility Teollisuuden Voima (TVO) said it has submitted a claim to the International Chamber of Commerce's arbitration court in a dispute with supplier Areva-Siemens regarding delays to its Olkiluoto 3 nuclear project.

Finland's fifth nuclear reactor was originally scheduled to start operations in 2009, but has been hit by repeated delays and soaring costs.

TVO and the Areva-Siemens consortium disagree over who is reponsible for the cost overruns, and the court is processing the dispute. TVO estimates costs and losses at about 1.8 billion euros ($2.32 billion).

($1 = 0.7773 euros)

(Reporting By Helsinki newsroom)

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