A research team has been set up to consider the
construction of the first nuclear power plant on China's Beibu Gulf
coast, in Fangchenggang city.
Zhu Jun, secretary of the Fangchenggang City Committee
of the Communist Party of China (CPC), said "There is a growing
demand for energy with faster economic growth in this region, so we
have decided to speed up nuclear power development during the 11th
Five-year Plan period (2006-2010)."
The proposed plant will be located at Bailongwei on
the Jiangshan Peninsula, Fangcheng District of Fangchengang.
Altogether six generating units, each with a capacity of one
million kw, will be installed.
China Guangdong Nuclear Power Holding Co. Ltd. and
China Power Investment Corporation will each fund 40 percent of the
investment, and Guangxi Investment Group Co. Ltd. will pay 20
percent.
Zhu said the schedule for construction would be
available once the State Development and Reform Commission had
approved the project.
(Xinhua News Agency December 28, 2006)
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