China Okays 6 New Nuke Plants For $17-B

China’s State Council approved six new nuclear reactors as it continues to expand the world’s biggest pipeline of new atomic energy projects, Dan Murtaugh reported for Bloomberg News recently.

Photo Insert: Two units each were approved at a July 31 meeting for the Shidaowan power plant in Shandong, Ningde in Fujian, and Xudabao in Liaoning.

Two units each were approved at a July 31 meeting for the Shidaowan power plant in Shandong, Ningde in Fujian, and Xudabao in Liaoning, with a total estimated investment of 120 billion yuan ($17 billion), state-owned The Paper reported.

China accounts for 23 of the nuclear power plants under construction globally, Murtaugh added.

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