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China May Approve 10 Nuclear Power Projects by 2015, Daily Says

Jan. 26 (Bloomberg) -- China may approve 10 additional nuclear power projects during the so-called 12th five-year plan, which covers the period from 2011 through 2015, the China Daily reported today, citing Zhang Guobao, former director of the National Energy Administration.

The nation is expected to raise its 2020 target for nuclear power generation to 86 gigawatts, accounting for 5 percent of China’s total power generation, the newspaper reported, without citing anyone. That target may involve 70 billion yuan ($10.6 billion) of investment annually, the newspaper reported, without citing anyone.

To contact the editor responsible for this story: Bloomberg News at jliu42@bloomberg.net

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