Westinghouse signs contract to build 4 nuclear plants
Monroeville firm will build four plants along China's eastern coast starting in 2009
Westinghouse will build four AP1000 nuclear power plants, like the one seen here, along China's eastern coast. The first plant is to open in 2013.
China''s State Nuclear Power Technology Corp. Ltd. (SNPTC) and China National Technical Import and Export Corp. signed deals Tuesday with the U.S.-based Westinghouse Electric Co. to build four nuclear power plants in China and transfer core technologies for third-generation AP1000 reactors.
"The signing of these contracts is a great achievement of international nuclear industrial cooperation," said Chinese Vice Premier Zeng Peiyan when addressing the signing ceremony.
"It will help promote China''s nuclear industry and bilateral cooperation in the energy and trade sectors, meanwhile, it will contribute to the development of the world''s nuclear industry," Zeng said.
The vice premier stressed the importance of security and quality of nuclear power projects and urged the companies from both sides to fully implement these contracts.
It was not disclosed how much money was involved in these contracts.
The first reactor adopting the third-generation AP1000 technologies would be built in Sanmen of east China''s Zhejiang Province and put into commercial operation by the end of 2013, said Wang Binghua, board chairman of the SNPTC.
"It will also be the first nuclear station using the AP1000 technologies in the world," said Wang.
China's nuclear power industry started in the 1970s. Nuclear power now accounts for more than 13 percent of the power generating capacity in eastern Zhejiang Province and southern Guangdong Province.