Power majors form nuclear alliance

China's two major power companies will work together to build a nuclear project in eastern Shandong province using indigenous improved third generation technology, in a move to enhance the technology level in the industry.

The demonstration project, located in the city of Weihai in Shandong, will have one 1,400-mW reactor in the first phase. It will use CAP1400 technology, which is based on the AP1000 technology developed by the US-based firm Westinghouse.

State Nuclear Power Technology Corp (SNPTC) and China Huaneng Group yesterday inaugurated a joint venture to build and operate the project.