Peking Announces Two Reactor Deals
Peking has agreed in principle to buy French atomic reactors and British turbines worth more than $1.5 billion for its first full-scale nuclear power plant, officials said Sunday.
Officials said the agreement on purchases for the 1,800-megawatt station in the southern part of the country represents China’s biggest single commercial deal ever.
In a Sino-French accord concluded in Paris on Friday, China agreed in principle to buy two 900-megawatt pressurized-water reactors from the French firm Framatome worth at least $1.3 billion, French officials said.
In addition, the officials said China agreed in principle to buy turbine generators from Britain’s General Electric Corp. and other nuclear gear from the French firm Electricite de France worth at least several hundred million dollars.
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