China Nuclear Firms to Merge

China Nuclear Firms to Merge

China Power Investment Corp is merging with the State Nuclear Power Technology Corp, as Beijing drives consolidation in its rapidly expanding nuclear power sector with the aim of eventually exporting reactors. A merger between the two would create a firm with total assets of more than $96 billion, according to Reuters. A detailed proposal on the merger has yet to be finalized.


Short URL : http://goo.gl/PBnfoU

You can also read ...

India Will Lead International Oil Demand by 2035
Oil market participants and analysts have been closely...
679 tons of carbon dioxide will be prevented from entering the atmosphere during the project’s 20-year lifetime.
Solar power is becoming an increasingly important part of the...
Oil Markets Split
Oil markets were split on Tuesday, with US crude still...
Oil Producers to Mull  Long-Term Cooperation
OPEC and non-OPEC oil producers, including Russia, will...