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Manmohan Singh and Shinzo Abe in Nuclear Talks

Indian Prime Minister Manmohan Singh will visit Tokyo later this month to expand India's strategic partnership with Japan and discuss a bilateral civilian nuclear cooperation agreement. Singh will visit Japan from May 27-30 for talks with his Japanese counterpart Shinzo Abe, the Japanese Foreign Ministry said Tuesday. The two leaders plan to hold a summit on May 29. They are expected to discuss the civilian ...

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Japan to Export Nuclear Technology to Europe

Japanese Prime Minister Shinzo Abe is set to make official trips to Eastern Europe next month with a plan to promote the export of Japanese nuclear technology. He is scheduled to visit Poland on June 16 to attend a meeting of leaders from the country, along with the Czech Republic, Hungary and Slovakia, also known as the Visegrad Four (V4). Prime Minister Abe will use the opportunity to address the leaders ...

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Westinghouse and China State Nuclear Seek International Business

Westinghouse Electric Co. has formed a joint venture with Chinese company State Nuclear Technology Corp. that will enable Chinese suppliers to make parts and provide services for Westinghouse’s AP1000 nuclear power plants both in China and abroad. State Nuclear Technology Corp. is the general contractor building the first four AP1000 plants at Sanmen, China. A state-owned enterprise, it was founded in 2007. ...

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Supreme Court Gives Green Light for Russian-built Kudankulam Plant

India's Supreme Court has paved the way for the commissioning of a nuclear power plant in the southern state of Tamil Nadu that has been the target of widespread protests. Monday's verdict would make the Russian-built Kudankulam plant, designed to help meet a surging demand for electricity, the country's largest nuclear power project. "The plant has been set up for people's welfare," said the ruling deliver ...

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Top Scientist Slams “Inferior Equipment” Used at Nuclear Plant

The Centre, speeding up the process to commission the first unit of the Kudankulam Nuclear Power Plant, received a jolt from one of the country's noted nuclear scientist and former chairman of Atomic Energy Regulatory Board (AERB) A Gopalakrishnan, who raised doubts about the quality of equipment in the plant. "Sub-standard materials have come to the Kudankulam plant and they are causing problems," he alleg ...

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Taipower finances very much in the balance as Nuclear debate rumbles on

There has been much discussion lately about the financial situation of Taiwan Power Co (Taipower) and the construction of the Fourth Nuclear Power Plant in Gongliao District. New Taipei City. Just last week Taipower's Director of Legal Affairs Mr. Hu Ta-ming shared some stark some facts to the media. 'First of all, international fuel prices have surged over the past 10 years. In an effort to support the gov ...

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Taipower Will Submit Nuclear Plant Proposal in June

ITaiwan Power Co (Taipower) chairman Hwang Jung-chiou yesterday said the company plans to submit its proposal for the last additional budget allocation for finishing the construction of the Fourth Nuclear Power Plant — the Lungmen Nuclear Power Plant in New Taipei City’s Gongliao District — to the Legislative Yuan in June.nu At Taipower’s group offering event for the arrival of the Lunar New Year yesterday, ...

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What lies for nuclear future in Taiwan?

With the second anniversary of Japan's Fukushima nuclear disaster approaching, a storm is brewing again over the fate of Taiwan's controversial fourth nuclear power plant, according to media reports. The opposition Democratic Progressive Party (DPP) has outlined a comprehensive plan for 2013, including a battle in the Legislature, to put an end to nuclear power generation in Taiwan, the reports said. The ru ...

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Taiwan warn of huge price increase if nuclear is ditched

The Ministry of Economic Affairs warned that electricity prices could soar by 40 percent if the country abandoned nuclear power as its major electricity source. If the Fourth Nuclear Power Plant in New Taipei City’s Gongliao District is prevented from becoming operational, while the first and second nuclear power plants are retired, state-run Taiwan Power Co would have to increase electricity rates sharply ...

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Financing Nuclear Power Projects: New Trends Emerging For Asia

Private sector financing for the nuclear industry is set to increase. The financial cost of new nuclear power projects is a major factor in planning for a sustainable nuclear future. Traditional providers of capital to the nuclear industry have been governments and Export Credit Agencies (ECAs), with commercial banks and international financial institutions playing a lesser role. However, new trends are eme ...

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