Ceremony marked the establishment of the biggest Sino-French new energy joint venture to construct and operate the first-phase project of the Taishan nuclear power station, in south China's Guangdong Province
- Edited by Linton Levy -
According to a report by Xinhua, Chinese Vice Premier Li Keqiang and visiting French Prime Minister Francois Fillon attended a ceremony marking the official start of construction of the Taishan nuclear power station.
The ceremony also marked the establishment of the biggest Sino-French new energy joint venture to construct and operate the first-phase project of the Taishan nuclear power station, in south China's Guangdong Province.
According to China Guangdong Nuclear Power Holding Co. Ltd. (CGNPC), the joint venture, Guangdong Taishan Nuclear Power Joint Venture Company Ltd., has a registered capital of about 16.7 billion yuan (2.5 billion U.S. dollars).
Electricite de France holds a 30-percent stake and CGNPC 70 percent. During the ceremony, Chinese Vice Premier Li Keqiang said the project would significantly deepen Sino-French economic and trade relations.
The attendance of the two leaders reflected the importance the two countries attached to enhancing nuclear energy cooperation, CGNPC chairman Qian Zhimin said at the ceremony.
Fillon is on his first official visit to China since taking office.
He is also expected to meet Chinese President Hu Jintao, top legislator Wu Bangguo and Premier Wen Jiabao.
The First phase of the Taishan Nuclear Power Station located in south China's Guangdong province broke ground Tuesday. It is China's first nuclear power unit to adopt the EPR (Electron Paramagnetic Resonance) third-generation nuclear power technology. Guangdong Governor Huang Huahua addressed the project's opening ceremony.
The newly-built Nuclear Power Station stands in Chixi town of coastal Taishan city, south of Guangzhou. It is the fourth power station constructed by the Guangdong Nuclear Power Group within the province.
The first phase of the project includes the building of two EPR third-generation nuclear power plants, with the world's largest capability at 1,750,000 kw for each.
The first unit of the power station will be completed and put into operation by the end of 2013.
Anonymous comments will be moderated. Join for free and post now!
I believe EPR originally stood for 'European Pressurized Reactor' and now means 'Evolutionary Pressurized Reactor', but better check.
It has been registered as a trademark now, but it really is evolutionary!