China begins construction of new N-power plant

China has begun constructing a large nuclear power plant in southern Hainan province.

Beijing: China has begun constructing a large nuclear power plant in southern Hainan province.

The construction of the plant started on Sunday in Changjiang County of Hainan province with an estimated investment of CNY 19 billion (USD 2.78 billion), Xinhua news agency reported.

The new plant will consist of two water reactors, with a capacity of 650,000 kw each. The first reactor will be completed and connected to the grid by the end of 2014, the provincial government said.

China`s nuclear power giants, China National Nuclear Corporation (CNNC) and China Huaneng Group (CHG), will jointly finance and develop the project, Xinhua said.

Hainan needs more energy to sustain and boost its rapid development as an international tourist destination. The safe and clean nuclear power was chosen to avoid affecting the island`s ecology, said provincial governor Luo Baoming.

The province has little coal resource, while 66 percent of its hydropower resource has been utilised, leaving little potential for future development, Luo added.

IANS

Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.