Bloomberg wire service reports via the Paris, France, based Herald Tribune that China Guodian, one China's biggest electrical utilities, plans to build a nuclear power station in Fujian, southeastern China, using technology from the Westinghouse, which is owned by Toshiba.The plant in Zhangzhou city will have "several" reactors with 1,000 MWe capacity each using the Westinghouse AP1000 technology, according to a statement on a Chinese government web site.
Bloomberg quoted Yao Wei, an analyst at Guotai Jun'an Securities in Shanghai, who said, "Westinghouse has its advantages in terms of technology and reactors operation. It has a good relationship with Chinese partners."
Bloomberg reported that Liu Kemou, a director at China Guodian's media department, confirmed the statement about the potential reactor deal. No financial details were given.Westinghouse secured a $5.3 billion order from China National Nuclear in July to provide four AP1000 nuclear power reactors in Haiyang, Shandong Province and Sanmen, Zhejiang Province, both in eastern China.
Westinghouse will start building the reactors in eastern China in 2009. The first reactor will begin operation in 2013 and the remaining three will start up in the next two years.