Nuclear power: Tata Projects bags $321 million order from NPCIL

Infrastructure firm Tata Projects Wednesday said it has bagged order worth around $321 million from Nuclear Power Corporation of India (NPCIL). “This 2X700 MW power plant order valued around $321 million is the company’s third contract in the nuclear power sector,” Tata Projects said in a statement. The scope of work involves construction of main plant buildings and structures, …

First Images of Saudi Nuclear Reactor Show Plant Nearing Finish

Saudi Arabia is nearing completion of its first nuclear reactor, satellite images of the facility show, triggering warnings about the risks of the kingdom using the technology without signing up to the international rules governing the industry. The research facility is located in the southwest corner of the King Abdulaziz City for Science and Technology in …

China to Resume Approving Nuclear Power Plants

China will begin construction on several new nuclear power projects this year, according to Liu Hua, deputy minister of the Ministry of Ecology and Environment and head of the National Nuclear Safety Administration. Liu’s announcement — made Monday during the China Nuclear Energy Sustainable Development Forum in Beijing and later reported by Economic Information Daily — marks …

China to build six to eight nuclear reactors a year to meet 2030 development goals

China will be able to build six to eight nuclear reactors a year if project approval processes return to normal as expected in the near future, the chairman of the state-owned China National Nuclear Corporation (CNNC) said on Monday (Apr 1). “That should be enough to meet our country’s 2030 development plans,” Yu Jianfeng said, speaking …

China-built nuclear reactors may enjoy home advantage as delays and costs stymie foreign competitors

Stalled by the Fukushima effect and a three-year moratorium, China now favours development of the home-grown Hualong One for the domestic market China’s home-grown nuclear technology is gaining favour in the battle for the nation’s next generation of reactors, according to a state-owned developer, as it sought to recover from delays and cost blowouts from …

Construction of two new Iranian nuclear plants going well, atomic chief says

Ali Akbar Salehi, head of Islamic Republic’s Atomic Energy Organization, says work on $8.5-billion power station project ‘moving ahead in an excellent manner’ Construction of two new nuclear plants in the southern Iranian city of Bushehr, home to the country’s only current working nuclear power station, is on schedule and going to plan, the Islamic Republic’s …

Nuclear shares soar after China plans to invest US$12 billion in new reactors for first time since 2016

Nuclear power related shares soared across the board on Tuesday in Hong Kong and China after Beijing announced plans to invest 81.2 billion yuan (US$12 billion) in four new reactors for the first time since 2016. CGN Mining, a unit of state-owned China General Nuclear Power Group (CGN) that trades in uranium fuel, jumped 15 …

Basemat of Turkey’s Akkuyu 1 completed

Russian state nuclear corporation Rosatom has announced completion of the basemat for the nuclear island buildings of unit 1 of the Akkuyu nuclear power plant in Turkey. Meanwhile the European Parliament has voted to suspend European Union accession negotiations with Turkey and has reportedly called for cancellation of the Akkuyu project. The project is based …