General Contracting Agreement Signed for Xianning Nuclear Power Project

---

Researched by Industrial Info Resources (Sugar Land, Texas)--The signing ceremony of the general contracting framework agreement for the nuclear island for Phase I construction of the Xianning Nuclear Power Plant was held in Wuhan, the capital city of central China's Hubei province on August 17, 2010.

Wenke Sun, the general manager of the State Nuclear Power Engineering Company (SNPEC) (Shanghai), and Qian Xu, the vice president of Shanghai Nuclear Engineering Research & Design Institute (Shanghai), signed the agreement with Mr. Jie Ma, the owner and general manager of Xianning Nuclear Power Company (Wuhan, Hubei), SNPEC announced on August 20, 2010.

The signing of the agreement shows that the cooperation between SNPEC and China Guangdong Nuclear Power Corporation (CGNPC) (Shenzhen, Guangdong) has reached a new stage and marks that the construction of the Xianning nuclear power project, an AP1000-based inland nuclear power project, is advancing. Both parties expressed their wishes to make the project into a model of AP1000 inland nuclear power technology in China.

The Xianning nuclear power project is one of the first AP1000-based nuclear power projects planned in inland China. The facility will consist of four 1,000-megwatt AP1000 units and requires a total investment of about $8.8 billion.

At the end of July this year, construction of all four AP1000 units had begun. The Xianning nuclear power project will attempt to use local constructors as often as possible with limited support from overseas.

So far, site preparation for two of the nuclear units has been completed. Contracts for the supply of major long-cycle equipment both in the conventional island and nuclear island have been awarded. Engineering and project applications are being evaluated.

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.