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China concludes deal to export 1000MW Nuclear Plant?

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  • #31
    Chinese assistance: Work starts on nuclear power plant at Karachi shore, say sources
    By Adil Jawad
    Published: October 24, 2013

    KARACHI: Spadework has been started on the 1,000 MW nuclear power plant being set up near Hawkes Bay with Chinese assistance, sources said. The plant worth $4 billion will take seven years to start generating power.

    First payment from the $1 billion allocated in the current budget has been released by the federal government to the Pakistan Atomic Energy Commission to initiate development work on the project.

    Prime Minister Nawaz Sharif will inaugurate the project on a later date as part of Karachi Coastal Power Project that involves setting up two nuclear reactors having a production capacity of 1,000MW each.

    The sources said that the centre has also earmarked funds for setting up a nuclear power plant in Punjab with Chinese assistance.

    Pakistan Atomic Energy Commission has set a target of establishing nuclear power plants capable of producing 8,800 MW of electricity by the year 2030, most likely with Chinese assistance, the sources said.

    Published in The Express Tribune, October 24th, 2013.

    Chinese assistance: Work starts on nuclear power plant at Karachi shore, say sources – The Express Tribune
    X-posting a comment from another thread (should have posted in this thread to begin with):

    Originally posted by Agnostic Muslim View Post
    Some increased chatter about the Chinese sale of APC-1000 reactors to Pakistan. However, questions over financing (despite reports of Chinese 'soft loans' covering 80% of the cost) remain. Some reports of China negotiating for offsets in the form of a BOT agreement around the NPP's themselves or some sort of 'distribution and management' entity set up around the NPP operations:
    Pakistan is acquiring two large nuclear power reactors from longtime ally China, officials said, in a $9.1 billion deal that has raised concern in Washington that Beijing is overstepping international rules on transferring nuclear technology.

    The reactors covered by the deal would be technologically advanced and built outside the main port city of Karachi. They each would provide 1,000 megawatts of electricity, a big boost for power-starved Pakistan. “Every country has this. We are also entitled,” the senior official said. “We have to focus on adding cheaper energy supply.”

    China would deliver the first reactor in 70 to 80 months, with the second coming 10 months later. Nuclear reactors take several years to build. They would be installed on the Karachi coast close to a small existing reactor, the senior Pakistani official said. The Chinese will provide 82% of the financing through a loan on what another Pakistani official described as very soft terms.
    China Agrees to Sell Pakistan Two More Nuclear Reactors - Wall Street Journal -
    Pakistan is not going to be a theocratic state to be ruled by priests with a divine mission - Jinnah


    • #32
      Construction work on the site for the new NPP was reported back in October 2013. Nawaz Sharif has now performed the 'official inauguration' of the project, and it appears to consist of two ACP-1000 Nuclear reactors from China with a total capacity of around 2200MW.

      KARACHI: Prime Minister Nawaz Sharif today laid the foundation stone for a 2200-MW nuclear power plant in Pakistan's largest city that will be built with Chinese help, saying the project was a "leap" in bilateral cooperation.

      Sharif described the plant as the country's biggest power project that would be another step to end energy outages. He said the project would be executed with China's cooperation.

      Read more at:
      Pakistan begins work on new 2200-MW nuclear power plant - The Economic Times
      Pakistan is not going to be a theocratic state to be ruled by priests with a divine mission - Jinnah