CNNC confirms buying share in French nuclear firm

CNNC confirms buying share in French nuclear firm

China National Nuclear Corp (CNNC) and China General Nuclear Power Group (CGN) are going to obtain stakes in French nuclear company Areva while another Chinese company is thinking about creating a joint venture, a CNNC employee told the Global Times on Thursday.

Chinese nuclear companies have already shown interest in cooperating with Areva, said an employee from the CNNC who refused to be named. "CNNC has been pushing forward cooperation with Areva in processing nuclear waste and developing safety-related control systems," he said, noting that CNNC will join French state-controlled power utility company Eléctricité de France SA (EDF) in seeking to reorganize the French nuclear sector. 

http://www.globaltimes.cn/content/922987.shtml