Areva head says Mitsubishi Heavy might buy small stake

Image via WikipediaJapanese group Mitsubishi Heavy Industries

could buy 2.0 percent of French nuclear engineering group Areva, marking a "strong symbolic" move, head of Areva Anne Lauvergeon said on Friday. Lauvergeon told French BFM radio: "If they take a small shareholding in Areva of about 2.0 percent, that would be something symbolically strong for future alliances."
But this outlook was not at all on the scale of the links between French auto group Renault and Nissan of Japan, she said.
Areva, a world leader in building nuclear power stations, which is controlled by the French state, announced in June last year that it would open up 15 percent of its capital.
In July this year the French presidential office said that this would happen by the end of 2010.
Sovereign wealth funds in Qatar and Kuwait, and Mitsubishi Heavy Industries have been mentioned as likely shareholders.
On Thursday, Patrick Kron, head of the French industrial group Alstom which also builds power stations, said that he saw any entry of MHI into Areva as seriously problematic because the Japanese company was a direct competitor for Alstom.
Lauvergeon acknowledged that Alstom and MHI competed in building turbines, but played down the impact of any shareholder agreement for sales of turbines by Alstom.http://www.nuclearpowerdaily.com/reports/Areva_head_says_Mitsubishi_Heavy_might_buy_small_stake_999.html

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India Deal Puts China in GE's League

India Deal Puts China in GE's League

China is breaking into the top ranks of global power-equipment exporters with a $10 billion deal signed with India on Thursday.
By nabbing the deal with India, which is on an infrastructure spending spree, China poses a new competitive threat to established suppliers of technology such as General Electric Co., Siemens AG and Alstom SA.
China's new position is also evidence of a growing trend of emerging markets doing business among themselves, after years of focusing on trade with partners in developed nations. More at:

http://online.wsj.com/article/SB10001424052702304173704575579261842597870.html?KEYWORDS=%22power+plant%22+OR+%22megawatt%22

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Alstom generator packages for Chinese plants

Alstom generator packages for Chinese plants

 

http://www.world-nuclear-news.org/C-Alstom_generator_packages_for_Chinese_plants-2810097.html

28 September 2010

Alstom has announced it is to supply equipment and services for six steam turbine-generator packages for three nuclear power plants in China under a contract worth €100 million ($135 million).

China's Dongfang Electric Corporation Limited (DECL) placed the order with Alstom after itself being appointed by the China Guangdong Nuclear Power Co (CGNPC) and China National Nuclear Corporation (CNNC) to design, manufacture and supply steam turbine-generator packages for the Ningde Phase II, Fuqing Phase II and Tianwan Phase III nuclear power stations. The plants, which are all about to start or are in the early stages of construction, each comprise two nuclear units - Chinese-designed CPR-1000s at Ningde and Fuqing, and Russian-designed VVER-1200s at Tianwan.

The six 1000 MWe packages include the Alstom-designed Gigatop four-pole turbogenerator and Arabelle half-speed steam turbine, plus moisture separator reheaters, condensers and low pressure heaters all designed by Alstom. The components are being supplied in partnership with DECL, which has the heavy engineering capacity to produce nuclear components from reactor pressure vessels and steam generators through to turbine generators.

A similar model of turbine-generator package was supplied by Alstom for use in the first CPR-1000, Lingao Phase II unit 1 (also known as Lingao 3), which is now in commercial operation. The Chinese CPR-1000 unit is a pressurised water reactor based on earlier French-designed models built at Daya Bay. The first two units built at Ling Ao used French technology but with 30% localisation, and were redesignated CPR-1000, but Ling Ao 3 is claimed as the first CPR-1000 to be built, with a localisation rate of over 50%.

Bhel in JV with NPCIL & Alstom for N-plant

New Delhi: State-owned Bharat Heavy Electricals Ltd will soon set up a joint venture with Nuclear Power Corporation of India Ltd and Alstom Ltd for setting up civil nuclear power plants in the country, Heavy Industries secretary Bhawani Singh Meena said on Thursday.
All the three companies will have 33.33% equity each in the joint venture, which would get approval from department of atomic energy within a month, Meena said.
The investment details are being worked out, Meena said, adding the joint venture was conceived a couple of years ago but government was awaiting the passage of nuclear liability Bill for the joint venture to take off.
The bill was passed in last monsoon session of Parliament.
Currently, nuclear power plants can be set up only by Nuclear Power Corporation of India.
Alstom, a French company, is a global major involved with manufacture of power equipment. The company would be technology partner in the joint venture.

(India)http://www.financialexpress.com/news/Bhel-in-JV-with-NPCIL---Alstom-for-N-plant/686729/