Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

China 'biggest' nuclear plant construction resumes  Join our daily free Newsletter

MENAFN - AFP - 05/01/2013

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093595934%26title%3dChina-biggest-nuclear-plant-construction-resumes%26src%3dRSS Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093595934%26title%3dChina-biggest-nuclear-plant-construction-resumes%26src%3dRSS Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - AFP) China has resumed construction on a "fourth generation" nuclear power plant, suspended after the 2011 Fukushima disaster, which will be its biggest-ever nuclear facility, state media said on Saturday.

Construction on the coastal Shidao Bay nuclear plant in Rongcheng, a city in eastern China's Shandong province, resumed last month, the state-run China Internet Information Center reported, adding that the plant is "China's biggest planned nuclear project".

The plant, which will be cooled by high temperature gas, will become "the world's first successfully commercialised fourth generation nuclear technology demonstration project", the report said.

It is designed to be safer and cuts down on costs, the report quoted a spokesman from the China Huaneng Group, the biggest investor in the plant, as saying.

The plant, expected to begin supplying electricity to the grid by 2017, will have a final generating capacity of 6,600 megawatts, the report said, adding initial investment in the project will be three billion yuan (480 million).

The Shidao Bay plant "has been developed and designed solely by Chinese researchers", the state-run China Radio International said, quoting a China Huaneng Group researcher as saying the company hopes to export the design.

China in October lifted a ban on new nuclear power stations imposed in 2011 after Japan's Fukushima nuclear plant meltdown, when the facility was struck by a tsunami, and will allow construction of a "small number" of coastal nuclear power plants, according to an official report.

Construction on the Shidao Bay plant began in 2011 but was suspended in the wake of the Fukushima crisis, the China Internet Information Center said.

There are 15 operational commercial nuclear reactors in China, which has ambitious plans to expand its nuclear industry, with 27 reactors under construction near coastal areas, according to the World Nuclear Association.

China's Ministry of Environmental Protection said in a report in October that the country's nuclear safety situation was "not optimistic", and that the use of differing types of reactors in Chinese plants made the sector "difficult to manage".


 






  MENA News Headlines
May 18 2013India Walmart lobby case 'closed' ,AFP
(MENAFN - AFP) India's investigation into whether Walmart may have bribed Indian officials to gain wider access to the country's vast market has been "closed" due to lack of evidence, a report said ...

May 18 2013Morocco to harness the wind in energy hunt ,AFP
(MENAFN - AFP) Morocco is ploughing ahead with a programme to boost wind energy production, particularly in the southern Tarfaya region, where Africa's largest wind farm is set to open in ...

May 18 2013Facebook exec says it's OK for women to cry at work ,AFP
(MENAFN - AFP) Facebook chief operating officer Sheryl Sandberg said in an interview published Saturday says it's ok for women to cry at work, share emotions and be honest about their ...

May 18 2013India could face junk status, S&P warns ,AFP
(MENAFN - AFP) India faces at least "a one-in-three" chance of losing its prized sovereign grade rating, global ratings agency Standard and Poor's has warned, amid new threats to economic growth ...

May 18 2013Three new suicides at Apple supplier's China factory ,AFP
(MENAFN - AFP) Three Foxconn workers have committed suicide at a factory in China in the past three weeks, a labour rights group said on Saturday. All three jumped to their deaths at a plant in ...

May 18 2013Hong Kong launches first electric taxis ,AFP
(MENAFN - AFP) Hong Kong saw its first electric taxis hit the streets on Saturday in a step towards reducing the city's high levels of roadside pollution. The 45 bright red cars were launched by ...

May 18 2013New case of SARS-like virus in Saudi: ministry ,AFP
(MENAFN - AFP) A new case of the deadly coronavirus has been detected in Saudi Arabia where 15 people have already died after contracting it, the health ministry announced on Saturday on its ...

May 18 2013Despair over spread of spot-fixing 'cancer' ,AFP
(MENAFN - AFP) The arrest of three Indian cricketers for spot-fixing has prompted new fears over the growing influence of betting mafias on the game in the subcontinent and despair about the ...

May 18 2013China Provides Tunisia with A Grant Worth $13 Million ,Qatar News Agency
(MENAFN - Qatar News Agency) China offered Tunisia a grant worth nearly $13 million , about 20 million Tunisian Dinar, for developmental projects to be specified later, the Tunisian foreign ministry ...

May 18 2013Yahoo Japan suspects 22 million IDs stolen ,AFP
(MENAFN - AFP) Yahoo Japan Corp. has said it suspects up to 22 million user IDs may have been stolen during an unauthorised attempt to access the administrative system of its Yahoo! Japan ...

more...


 
MENAFN






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help