Friday 21 August 2015

Marshall Horn - Russia to Build Nuclear Power Plant in Vietnam

Marshall Horn,

 

MOSCOW (Sputnik) - The first nuclear power plant in Vietnam will have two energy units, each with a capacity of 1.2 GW. Russia and Vietnam signed an agreement on the construction of the nuclear power plant in October 2010. Vietnam is due to receive a state loan of $8 billion from Russia to finance the project.

Rosatom intends actively engaging Vietnamese businesses in the project, localizing 30-40 percent of equipment manufacturing and construction.

Hanoi plans to build and bring on stream 13 nuclear power units by 2030 in a move to generate 15 GW of nuclear power capacity, or about 10 percent of the country’s total electricity production.



via Marshall Horn, CFTC Russia to Build Nuclear Power Plant in Vietnam

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