China National Nuclear aims to double its power generation
BEIJING, Jun 13, 2005 -- AFX-Asia
China National Nuclear Corp (CNNC) aims to build two 650-megawatt reactors and two 1,000-megawatt reactors at its Qinshan nuclear power plant, which will more than double its generation capacity, the China Daily reported, citing sources from the company.
CNNC said the installed capacity of the Qinshan plant in the eastern Zhejiang province will rise to 6,200 megawatts from the current 2,900 megawatts upon completion of the two projects.
The two 650-megawatt reactors have already won final approval from the central government, and will be installed at the phase II project of the Qinshan plant.
The two 1,000-megawatt reactors will be installed in Fangjiashan, 650 meters away from the Qinshan phase I project, which already has one 300-megawatt reactor in operation.
The two 1,000-megawatt reactors have yet to win central government approval.
"We aren't sure when the approval will come - it may be in the next four or five years," said Ma Mingze, deputy general manager of the Qinshan Nuclear Power Co, a unit of CNNC.
China plans to invest 400 bln yuan by 2020 in the construction of new nuclear power plants, the China Daily reported, citing Kang Rixin, president of China National Nuclear Corporation.
Kang said the government plans to increase the amount of installed nuclear power capacity from the current 16 gigawatts to 40 gigawatts - or four pct of total installed capacity - within 15 years.
(1 usd = 8.3 yuan)
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