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China keenly marketing nuclear technology to South Africa

Buy-China-nukes-1China confident of winning $80b S. Africa nuclear power bid
By Lyu Chang (China Daily): 2015-12-12 Industry officials are confident of China being the front-runner to win the right to build South Africa’s new generation of nuclear power stations.

“We think we are likely to win the bid, after preparing all the documents for the tender,” ZhengMingguang, head of the Shanghai Nuclear Engineering Research and Design Institute, ahigh-tech arm of the State Nuclear Power Technology Corp.

“The nuclear energy industry also involves other issues, so we can’t set any date yet on thefinal bidding process,” he said.

The country hopes to land the contract using its CAP1400 nuclear technology, which isdesigned by SNERDI and based on the AP1000 reactor technology developed by the UnitedStates-based Westinghouse Electric Co LLC.

South Africa currently operates the continent’s only nuclear power plant, near Cape Town, butthe country is currently facing chronic electricity shortages.

The Pretoria government invited tenders in July for an estimated $80 billion contract to buildfour nuclear reactors-the largest contract in the country’s history-which attractedwidespread interest, including from State Nuclear Power Technology Corp, Russia’s stateatomic agency Rosatom and French nuclear firms…….http://www.chinadaily.com.cn/business/2015-12/12/content_22695369.htm

December 16, 2015 - Posted by | China, marketing, South Africa

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