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Japan Companies Sign Agreement For Kazakhstan Nuclear Study

By David Dalton
29 September 2010

29 Sep (NucNet): The Japan Atomic Power Company, Toshiba Corporation and a unit of Marubeni Corporation have reached an agreement with Kazakhstan to provide data and cost estimates for the country to build its first nuclear power plant.

In a joint statement, the three companies said today that an agreement with the National Nuclear Centre of Kazakhstan would enable them to cooperate in the building, operating and financing of a possible nuclear power plant.

The agreement says the Japan Atomic Power Company will estimate construction costs, draft proposed laws and regulations, and recommend schedules for establishing operating organisations. Toshiba will look into a plant concept, while Marubeni Utility Services will study the economical feasibility of a new plant, including financing.

In 2009 Kazakhstan became the number one uranium producer in the world with more than 14,000 tonnes for the year, but it has never had a commercially operational nuclear plant.

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