China Widens Nuclear Exports With $7.7 Billion Romania Plant
- China General Nuclear Power to build 2 reactors in Romania
- Romania has been looking to expand capacity for over decade
This article is for subscribers only.
State-owned China General Nuclear Power Corp. made an agreement to build two reactors in Romania, continuing China’s push to export nuclear technology abroad.
The memorandum of understanding, signed on Nov. 9 with Romania’s state-owned Societatea Nationala Nuclearelectrica SA, covers construction and operation of two Chinese-developed reactors at the nation’s Cernavoda nuclear power plant, according to a statement on the Chinese company’s website. The project’s total investment will be about 7.2 billion euros ($7.7 billion) and the two companies will establish a venture, the statement said.