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Areva Signs Agreements With China National Nuclear Corporation

By Lubomir Mitev
28 March 2014

Areva Signs Agreements With China National Nuclear Corporation
Singing of the agreements in Paris, France (Source: Areva)

28 Mar (NucNet): Areva has signed a series of agreements for cooperation in the civilian nuclear power sector with the China National Nuclear Corporation (CNNC), Areva said in a statement.

The first agreement is related to a used fuel treatment and recycling facility project. The two companies agreed to cooperate in the field of spent fuel treatment and recycling in April 2013.

Areva has now said industrial negotiations for the project are advancing and technical discussions to define the distribution of tasks and responsibilities are being finalised.

The second agreement is related to the creation of a joint venture in digital instrumentation and control systems (I&C).

Areva said the JV will be jointly owned by Areva (with a 49 percent share) and by CNNC (51 percent).

The joint venture will prioritise the supplying of Areva’s Teleperm XS I&C platform to the Chinese market.

Areva and CNNC signed a contract for the delivery of Areva’s digital I&C system to the Fuqing nuclear station in December 2013.

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