[Machine Translation] Two Chinese state nuclear giants – including CNNC, a partner of Areva and developer of a rival reactor of the French EPR – will merge to create a new mastodon of the atom civil, announced Beijing, anxious to rationalize its vast sector public. The government has cleared the merger between CNNC (China National Nuclear Corp.) and CNEC (China Nuclear Engineering & Construction), said Wednesday evening the Administration in charge of public enterprises (Sasac). This rapprochement, which has been under discussion for a year, is part of the Communist regime’s efforts to strengthen the efficiency of its plethoric public sector, where different companies compete in the same sectors. In detail, CNNC will take control of CNEC, a specialist in power plant construction, to create a group that is competent in both reactor design and structural work (outer envelope of nuclear sites). Their merger could nevertheless overshadow CGN, another major state-owned nuclear group in China and the country’s largest power plant developer. He is working with Frenchman EDF to build two EPR reactors in Taishan (south), with commissioning expected this summer.
Romandie 1st Feb 2018 read more »