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        BIZCHINA> Review & Analysis
        Nuclear energy plants to power up
        By Xiao Wan (China Daily)
        Updated: 2007-02-06 10:42

        Its Shidaowan plant, located in Rongcheng, East China's Shandong Province, will have an installed capacity of 200 megawatts and require an investment of 3 billion yuan. Seventy percent of the technology used in the project will be developed by China.

        Huaneng has signed an agreement with China Nuclear Engineering & Construction (Group) Corp and Tsinghua University to set up a new company for the operation of the plant.

        "The move is an important step for us in the development of China's nuclear power industry," said Li Xiaopeng, president of Huaneng.


        (China Daily 02/06/2007 page15)


        (For more biz stories, please visit Industries)

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