Areva, the French state nuclear engineering group, has won a €5bn ($7.1bn) contract to build two nuclear power stations in China and supply their fuel for 20 years, the FT’s French sister paper, Les Echos, has learned.
The contract is for plants based on the European Pressurised Water design. The contract, to be signed during a state visit to Beijing by French president Nicolas Sarkozy on November 25, comes after five years of talks between French and Chinese authorities.
The plants will be built at Taishan, near Hong Kong, for China Guangdong Nuclear Power Corporation, the country’s largest generator.
By Pascal Pogam and Yann Rousseau
Published: October 17 2007 03:00 | Last updated: October 17 2007 03:00, Copyright The Financial Times Limited 2007