Latest News:  
Beijing   Shower    27 / 20   City Forecast

Home>>China Business >> Industries

Chinese nuclear enterprises to contract projects in Xinjiang


16:31, August 25, 2011

Edited and translated by Yao Chun, People's Daily Online

Well-known Chinese nuclear power development and construction enterprises recently gathered in Xinjiang Uyghur Autonomous Region to inspect and sign project contracts.

The companies include major central state-owned companies, such as the China National Nuclear Corporation (CNNC), the China Guangdong Nuclear Power Holding Corporation (CGNPC) and the China Nuclear Engineering Group, Co. (CNEC). What attracts these leading enterprises are the rich local new energies, such as wind energy, solar energy in addition to uranium and coal.

CNNC is the main force of China nuclear industry and the principal investor of nuclear plants. In this trip to Xinjiang, CNNC has signed a total of 15 billion yuan worth of projects, including the construction of a coal mine of millions of tons, a coal-fired electricity project in Yili with two units each capable of generating 1,000 megawatts, and also the construction of the first stage of a 20-megawatt wind power project in Hami. The investments of the two aforementioned projects are 10.5 billion yuan and 4 billion yuan, respectively.

CGNPC also contracted 2.4 billion yuan worth of wind power and photo electricity projects with Xinjiang for the implementation of its clean energy strategy. The wind power project is located in Dabancheng and Tuokexun, two places near Urumqi City and Altay in the north of the Xinjiang autonomous region and the annual energy output of each one is 110 million kilowatt-hours. And the photo electricity project is distributed in Hami City, Qinghe and Yengisar Counties.

Zu Bin, the vice president of CNEC, and Shi Jialin, the vice president of the State Nuclear Power Technology Corporation (SNPTC), also joined this investigative trip. Though they have not contracted any project with Xinjiang Province, they have been paying great attention to the local resources and the development trends.

After the Japan's Fukushima nuclear crisis, the State Council suspended the approval of nuclear power projects and has conducted safety inspections of all the operating nuclear power plants. Whether the ban on nuclear projects will be lifted and nuclear plants will be redistributed away from the coastal areas has caused speculation and concern among upstream and downstream companies and insiders.

The gathering of leading Chinese nuclear enterprises in Xinjiang to contract investment projects is part of the implementation of the aid policy of central industries to Xinjiang in which the central enterprises play a leading role in promoting the fast-track development of Xinjiang Uyghur Autonomous Region.