Zhangzhou Nuclear Power Project in China Receives Preliminary Approval

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Researched by Industrial Info Resources China (Beijing, China)--Authorities have given preliminary approval for the Zhangzhou Nuclear Power Project to begin pre-stage preparations, according to the acting mayor of Zhangzhou City.

Acting Mayor Tan Yunkun made the disclosure on January 5 at the Third Session of the Fifteenth People's Congress of Zhangzhou City.

The Zhangzhou Nuclear Power Project is located in Yunxiao County of Zhangzhou City, in south Fujian. The two-phase project includes the construction of six AP1000-based nuclear power units, each with a 1,250-megawatt (MW) capacity. Phase I includes the construction of four units, with a total investment value of about $4.5 billion.

The Zhangzhou Nuclear Power Project is the third such project in the Fujian province, following China General Nuclear Power Corporation's (Shenzhen, Guangdong) Ningde Nuclear Power Project and China National Nuclear Corporation's (CNNC) (Beijing) Fuqing Nuclear Power Project.

Early in 2007, the Zhangzhou Nuclear Power Project Preparation Office was established by China Guodian Corporation (Beijing), which completed a project feasibility study in January 2010.

In June 2010, China Guodian Corporation signed a joint venture agreement with the CNNC for the construction of the Zhangzhou Nuclear Power Project. In August 2010, the project proposal was submitted to the NDRC for approval.

Japan's Fukushima crises in early 2011 prompted the Chinese government to temporarily suspend the approval of all nuclear power projects, including Zhangzhou. After two years of reviewing its nuclear power safety, the Chinese government resumed the approval of nuclear power projects.

Presently, CNNC Guodian Zhangzhou Energy Company Limited (Zhangzhou, Fujian), which is the project owner and a joint venture of the CNNC (51%) and China Guodian Corporation, is working with related parties for pre-stage preparations of the project. However, the project is still subject to final approval by the National Development and Reform Commission (NDRC), prior to the kickoff of construction.

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