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Rosatom to invest $6.7bn in nuclear power developments

Rosatom to invest $6.7bn in nuclear power developments

Caption: Tianwan nuclear power plant

Russian state-owned nuclear company Rosatom is expected to invest up to 350 billion rubles ($6.7 billion) in nuclear developments this year.
 
Rosatom said it plans to build up to five nuclear power plants using the 1,200-MW BN-1200 sodium-cooled fast breeder reactor technology, said Investor Intel. The company also has deals to build a dual-unit power plant in mainland China. Rosatom is also currently building two reactors at the Tianwan nuclear power plant with the potential to build four more units at the plant. Rosatom subsidiary Rusal may build up to 15 nuclear units in India, including five units under development or in operations at the Kudankulam plant.
 
In total, Rosatom plans to spend $350 billion in nuclear investments by 2030, the article said. The company has contracts to build 22 nuclear power plants globally for $100 billion over the next ten years.
 
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