ML110960072

Guarantee of Payment of Deferred Premiums - 2010 Annual Report

ML110960072
Person / Time
Site:	Browns Ferry, Watts Bar, Sequoyah
Issue date:	03/31/2011
From:	Krich R Tennessee Valley Authority
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
Download: ML110960072 (2)

Text

Tennessee Valley Authority 1101 Market Street, LP 3R Chattanooga, Tennessee 37402-2801 R. M. Krich Vice President Nuclear Licensing March 31, 2011 10 CFR 140.21 ATTN: Document Control Desk Director, Office of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Washington, D.C. 20555-0001 Browns Ferry Nuclear Plant, Units 1, 2, and 3 Facility Operating License Nos. DPR-33, DPR-52, and DPR-68 NRC Docket Nos. 50-259, 50-260, and 50-296 Sequoyah Nuclear Plant, Units 1 and 2 Facility Operating License Nos. DPR-77 and DPR-79 NRC Docket Nos. 50-327 and 50-328 Watts Bar Nuclear Plant, Unit 1 Facility Operating License No. NPF-90 NRC Docket No. 50-390

Subject:

Guarantee of Payment of Deferred Premiums - 2010 Annual Report Pursuant to 10 CFR 140.21, "Licensee guarantees of payment of deferred premiums,"

the Tennessee Valley Authority (TVA) is providing evidence that we maintain a guarantee of payment of deferred premiums in the amount of $17.5 million for each reactor at TVA's Browns Ferry, Sequoyah, and Watts Bar Nuclear Plants.

TVA's Form 10-K Annual Report is publicly available on the internet at the following Uniform Resource Locator (URL):

http://investor.shareholder.com/tva/sec.cfm This publicly available annual certified financial statement shows that, if necessary, a cash flow can be generated and would be available within three months after submission of the statement to provide $105 million for payment of retrospective premiums.

printed on recycled paper

U.S. Nuclear Regulatory Commission Page 2 March 31, 2011 There are no regulatory commitments contained in this submittal. If you have any questions, please contact me at 423-751-3628.

Respectfully, R M.Knch