Russia, Vietnam Sign Agreement on Construction of Nuclear Plant

Russia, Vietnam Sign Agreement on Construction of Nuclear Plant
by Staff Writers
Moscow, Russia (Sputnik) Aug 04, 2015

File image.

NIAEP-ASE United Company (part of Russia's Rosatom state nuclear corporation) and Electricity of Vietnam (EVN) signed a Master Framework Agreement in Hanoi for the implementation of the first phase of construction of the Ninh Thuan-1 nuclear power plant, the press service of the Russian company said Monday.

The first nuclear power plant in Vietnam will have two energy units, each with a capacity of 1.2 GW. Russia and Vietnam signed an agreement on the construction of the nuclear power plant in October 2010. Vietnam is due to receive a state loan of $8 billion from Russia to finance the project.

Rosatom intends actively engaging Vietnamese businesses in the project, localizing 30-40 percent of equipment manufacturing and construction.

Hanoi plans to build and bring on stream 13 nuclear power units by 2030 in a move to generate 15 GW of nuclear power capacity, or about 10 percent of the country's total electricity production.

Source: Sputnik International

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor $5 Billed Once credit card or paypal		SpaceDaily Monthly Supporter $5 Billed Monthly paypal only

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks

del.icio.us

Digg

Google

Ex-Fukushima execs to be charged over nuclear accident
Tokyo (AFP) July 31, 2015
A trio of former executives from the crippled Fukushima nuclear plant will be indicted over the 2011 accident, a judicial review panel decided Friday, paving the way for the first criminal trial linked to the disaster. The decision comes after prosecutors twice refused to press charges against the men, saying they had insufficient evidence and little chance of conviction. But the indepen ... read more

Motile and cellulose degrading bacteria used for solid state cellulose hydrolysis

Pulse electric field enhances biogas yield in anaerobic digestion

Researchers use wastewater treatment to capture CO2, produce energy

Reproducible research for biofuels and biogas

Butterflies heat up the field of solar research

New design brings world's first solar battery to performance milestone

Ultra fast UV imaging unlocks plasma modification of polymer films

DuPont PV work with CRES to boost reliability and risk management

Rhode Island to get offshore wind farm

Wind energy provides 8 percent of Europe's electricity

Siting wind farms more quickly, cheaply

Galapagos airport evolves to renewable energy only

Qualified praise for Obama's clean power plan

Scottish energy sector draws Chinese interest

Study is first to quantify global population growth compared to energy use

British low-carbon policy criticized as window dressing

A zero-emission route to clean middle-distillate fuels from coal

EPA power act target of potential court action

New Zealand marks end to coal power

Wireless power transfer with magnetic field enhancement boosted

Microlensing used to find distant Uranus-sized planet

NASA's Spitzer Confirms Closest Rocky Exoplanet

Finding Another Earth

Kepler Mission Discovers Bigger, Older Cousin to Earth

Navy orders more universal modular masts for submarines

China, Russia to hold joint naval, air drills

Mixed messages from Russia, France on warship compensation deal

Work to prepare Portsmouth Navy base for new carriers begins

Buckingham astrobiologists to look for life on Mars

NASA Mars Orbiter Preparing for Mars Lander's 2016 Arrival

New Website Gathering Public Input on NASA Mars Images

Antarctic Offers Insights Into Life on Mars

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.