New nuclear power project launched
(Xinhua)
Updated: 2006-05-19 09:53
A joint venture company for construction of a new nuclear power project was
inaugurated Thursday in Fuzhou City, east China's Fujian Province, symbolizing
the start of preparation for the nuclear project.
The project, named
Fuqing nuclear power station, is a joint venture between two major Chinese
energy companies -- the China National Nuclear Corporation (CNNC) and the China
Huadian Corporation.
CNNC holds 51 percent of the stake while Huadian
Fujian Power Generation Co. Ltd., the local subsidiary of Huadian, holds 49
percent.
The station will house six generating units, each of 1 gigawat.
The hydrological and geological conditions, transmission distance and
surrounding environment were suitable for a nuclear plant, said a CNNC official.
The new project was expected to supply power for economic growth west to
the coast, said the official.
Huadian, one of China's five major
state-owned electricity producers,signed a strategic cooperation agreement with
CNNC, the country's leading nuclear power producer.
The newly
established company will take charge of the development, construction and
operation of the Fuqing nuclear power project.
The company is still
awaiting approval of feasibility studies and site examinations before starting
construction, said the CNNC official.
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