Contracts for new Pakistan reactors

Discussion in 'Pakistan' started by amoy, Sep 30, 2013.

  1. amoy

    amoy Senior Member Senior Member

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    Contracts for new Pakistan reactors
    10 September 2013

    Contracts were recently signed for the Karachi Coastal Nuclear Power Project in Pakistan comprising two ACP1000 units. The order marks the first foreign purchase of the Chinese reactor design.

    China National Nuclear Corporation (CNNC) has been contracted to build the plant on a turnkey basis. At a signing ceremony in Shanghai at the end of August, CNNC signed contracts with sub-contractors for the project. The main contractor is CNNC subsidiary China Zhongyuan Engineering Company. Other Chinese companies which have been involved in the construction of reactors at the Pakistan's Chashma plant will also participate in the project. These include China Nuclear Power Engineering, the Nuclear Power Institute of China and the East China Electric Power Designing Institute.

    [​IMG]
    How a single ACP1000 could look (Image: CNNC)

    The cost of the two 1100 MWe ACP1000 units - to be built at the coastal Karachi site near Paradise Point in Sindh province about 25 kilometres west of the capital - has been put at PKR959 billion ($9.6 billion). In July, Pakistan's top-level Executive Committee of the National Economic Council approved funds to purchase the reactors.

    The ACP1000
    Pakistan currently has a 40-year-old 125 MWe pressurized heavy water reactor at Karachi and another nuclear power plant at Chashma in northern Punjab province. This has two 300 MWe Chinese-built pressurized water reactors operating with two more under construction.

    Pakistan is outside the Nuclear Non-Proliferation Treaty and largely excluded from world trade in nuclear materials and technology due to an absence of full scope safeguards. China, however, has longstanding bilateral arrangements to support Pakistan's development and the country's nuclear power reactors are owned and operated under item-specific international safeguards.
     
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  3. drkrn

    drkrn Senior Member Senior Member

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    60000 crore inr for 2200 MWE??

    india constructing jaitapur plant 10000 MWE for 1,12,000 crores.
    kudankulam 2000 MWE for 17,200 crores

    even if chinese designs worth that much,how does pakistan wish to repay the loan amount?why pakistan pays soo much?are they civil reactors or for defence purpose?
     
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  4. kseeker

    kseeker Retired

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    Using barter system !:pound: Get Tech's from China, train and send Jihadi's to Xinjiang:namaste:

    Would paki's ever going to pay that much ? one or the other day they will beg for a bailout or try to sell parts of POK to China

    For international community, it will be a civil project but we know the actual purpose, don't we ?
     
  5. amoy

    amoy Senior Member Senior Member

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  6. Ray

    Ray The Chairman Defence Professionals Moderator

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    Pakistan should buy Chinese stuff.

    It will explode on their face.

    High living does not go with low spending power.
     
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  7. drkrn

    drkrn Senior Member Senior Member

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    :facepalm:
    even if indian currency depreciated ,by 20% what does it have to do with chinese.is pakistan using INR?even taking the currency devaluation into account it wont raise to amounts as much as pakis are coughing into your coffers

    foolish comparison.stupid reply
     
  8. amoy

    amoy Senior Member Senior Member

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    then how comes your surprise in INR? >>> 60000 crore inr for 2200 MWE??

    The deal is >>>> at PKR959 billion ($9.6 billion).

    The amount in INR shall have looked far cheaper than your kudankulam 2000 MWE had there been no "20% " devaluation!
     

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