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    market news

    Chinese government approves reactor projects

    Investing News Network
    Jan. 05, 2011 11:53AM PST
    Long Tail

    World Nuclear News reports that reactor projects were approved by the Chinese government.

    World Nuclear News reports that reactor projects were approved by the Chinese government.

    The market news is quoted as saying:

    The approval came from the National Development and Reform Commission (NDRC) and should lead to the construction of Tianwan 3 and 4 (Phase II of the plant) and the first two units at Phase I of Xudabao.

     At Tianwan, CNNC will construct two 1060 MWe Russian-supplied VVER-1000 pressurised water reactors, alongside the existing two such units at the site. A contract for the engineering design of Tianwan 3 and 4 was signed in September 2010 between CNNC subsidiary Jiangsu Nuclear Power Corporation and AtomStroyExport, and the general construction contract was signed in November 2010. First concrete for unit 3 is scheduled to be poured in December 2012, while concrete for unit 4 will start to be poured in August 2013, CNNC said.

    Click here to access the entire news.

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