Shanghai Electric, AREVA to develop HV transformers
The joint venture is being formed based on the results of three previously established similar joint ventures.
The agreement is an extension and update of an existing deal between the companies. The three previously established joint ventures include a transformer factory in Shanghai and two others that are under construction in Shanghai and Wuhan.
The plants under construction will be used to design, manufacture and sell AC transformers up to 1,200 kilovolts (kV) and DC converters. The plants are expected to begin operation in 2009.
The integration of the three plants will increase Shanghai Electric and AREVA's power transformer production capacity to 70,000 megavolt-amperes (MVA) in the next five years. The plants can be further expanded to 85,000 MVA.
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KHNP is being considered for Bulgarian Nuclear Power Plant Project
SEOUL - Korea Hydro & Nuclear Power (KHNP) has been selected as one of the three strategic investor candidates for a Bulgarian nuclear power plant project.
The Bulgarian Energy Ministry selected KHNP of Korea, RosAtom of Russia and CNNC of China as strategic investor candidates for the construction of the Belene Nuclear Power Plant, KHNP said on Dec. 20. The Belene Nuclear Power Plant is the second nuclear power plant that Bulgaria plans to build following the 2,000-megawatt Kozloduy Nuclear Power Plant built in 1991 during the Soviet Union era. The project budget is estimated at 10 billion euros.
By being included…
