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Argentina and China will sign contract to construct two nuclear powered plants

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Link to original article. Argentina and China will sign next 17 May in Beijing a contract for the construction of two new nuclear powered plants, with an investment of US$ 12.5 billion, according to Argentina’s Nuclear energy deputy secretary, Julian Gadano.

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India and the United States (US) said they have agreed to build six American nuclear power plants. China has blocked India’s pending membership to the elite grouping that seeks to prevent.

Argentina and China sign contract for two reactors. In November 2015, Argentina signed deals with China for the construction of its fourth and fifth nuclear power plants: a third Candu PHWR at the Atucha site and a PWR at an unspecified site. The projects were said to be worth around $15 billion, with China contributing 85%.

In November 2015, Argentina signed deals with China for the construction of its fourth and fifth nuclear power plants: a third Candu PHWR at the Atucha site and a PWR at an unspecified site. The projects were said to be worth around $15 billion, with China contributing 85% of the required financing, according to a statement issued at that time by the Argentine president’s office.

Argentina hopes to sign this weekend a deal with China to build its fourth nuclear power plant, Juan Pablo Tripodi, head of Argentina’s investment agency, told Reuters-a move that would boost.

Nuclear energy in Argentina. The plant will use both gaseous diffusion and more modern laser techniques. China and Argentina had agreed a contract to build a 700 MWe candu 6 derived reactor. Its construction was planned to start in 2018 at Atucha, but it was indefinitely suspended by Mauricio Macri ‘s government due to financial issues.

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Argentina is. includes 3.6 gigawatts powered by fossil fuels and 2.8 gigawatts from renewable sources other than large hydropower. The renewable-energy auction will be in July or August, Aranguren.

Argentina to start building two new nuclear reactors in 2018. We will begin to construct these plants in the second half of 2018," gadano told reuters on the sidelines of a nuclear power conference in Abu Dhabi. He added that the projects would be financed 85 percent by Chinese institutions and 15 percent by the Argentine treasury.