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information from France about the explosion and had activated its incident and emergency centre.France ASN nuclear safety watchdog said it was launching an inquiry into the cause of the explosion at 13:06 pm (1106 GMT) that hit shares in EDF, France main power utility.EDF said the blast was contained within the furnace, which is used to melt waste with levels of radioactivity ranging from low to very low."There was an explosion at the site of Marcoule at 13:06 pm causing one death and four injured," an EDF spokeswoman said. "We don know the cause," she added.The Centraco site is next to the town of Codolet in the Gard region, about 30 km from the city of Avignon and about 80 km from the Mediterranean coast.The complex, employing some 350 people, processes scrap metal such as valves and pumps used in nuclear plant operations in a melting plant and also burns combustible waste in an incinerating plant, according to Centraco website.France the world most nuclear reliant country is carrying out stress tests on its 58 nuclear reactors in the aftermath of the Fukushima disaster when the Japanese nuclear site was damaged in an earthquake and tsunami.EDF shares, listed since late 2005, extended an earlier 3 percent loss to sink 6 percent in heavy volume, briefly touching a lifetime low of 17.89 euros. The stock later stabilised down 5 percent at 18.5 euros.In its 2010 annual report, the ASN says that in 2008 it identified some weak spots in the Centraco site, operated by EDF subsidiary Socodei, which prompted it to ask Centraco to put forward an action plan to improve safety. It said the