Monday, March 29, 2010

China to Establishment Two Nuclear Power Plants in Pakistan

Pakistan has entered a civil nuclear deal with China for the establishment of two nuclear power projects of 640 megawatts in Chashma. The breakthrough deal – under which Pakistan would be provided a loan, technology and installation facilities – was finalised ahead of the latest round of the Pak-US strategic dialogue, as the federal cabinet granted financial approval at a meeting on March 24. Sources privy to the deal said the federal cabinet had approved an inter-government framework agreement on the financing of ‘Chashma Nuclear Power Project 3’ and ‘Chashma Nuclear Power Project 4’ with China. The sources said under the agreement, China would provide 82 percent of the total $1.912 billion financing to Pakistan as a 20-year soft loan, with an eight-year grace period.  The sources said each 320-megawatt unit would contain a nuclear steam supply system, a turbine-generator set and the associated auxiliary equipment and installations.................................Daily Times

7 comments:

love you CHINESE BROTHERS,
LONG LIVE CHINA AND PAKISTAN FRIEND SHIP,
LOVE PAKISTAN.

two 320 MW plants only?

India builds 550 and 700 MW plants in house. The russians are building 12 1000MW plants, Areva france is building 8 1600 MW plants in India.

Pakistan has not signed NPT. where is the uranium going to come from? Pakistan doesn't have big uranium reserves.
China can't give uranium either.

Pakistan is better off signing a nuclear deal with India, instead of going for old 2nd gen chinese technology.

This year alone India has inaugruated two 550 MW plants in Rajasthan, One 500 MW fast breeder reactor is finishing in chennai.
Two 1000 MW RB1 reactors have also gone on line in southern India this year.d

Are the Chinese doin this for free?

Pakistan has entered a civil nuclear deal with China for the establishment of two nuclear power projects of 640 megawatts in Chashma. The breakthrough deal – under which Pakistan would be provided a loan, technology and installation facilities – was finalised ahead of the latest round of the Pak-US strategic dialogue, as the federal cabinet granted financial approval at a meeting on March 24. Sources privy to the deal said the federal cabinet had approved an inter-government framework agreement on the financing of ‘Chashma Nuclear Power Project 3’ and ‘Chashma Nuclear Power Project 4’ with China. The sources said under the agreement, China would provide 82 percent of the total $1.912 billion financing to Pakistan as a 20-year soft loan, with an eight-year grace period. The sources said each 320-megawatt unit would contain a nuclear steam supply system, a turbine-generator set and the associated auxiliary equipment and installations
(for convenience)

As usual, pakistan doesn't have the money to buy nuclear reactor.

Not only china has to provide the reactor, but also give them free and itself provide the loans for the reactors.

I wonder hiw pakistan will pay the chinese back?

Are the Chinese just doin this to piss India?

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