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China Energy Delivered

China Nuclear News Weekly Roundup - 10/25 -11/01

NPIC Begins Project to Supply Self-developed Longlin DCS to Zhangzhou HPR1000 Project

The project to supply Zhangzhou NPP’s safety-grade Digital Control Sysytem (DCS) was initiated on October 28th at the Nuclear Power Institute of China (NPIC). Zhangzhou Unit 1 is the first integrated version of the HPR1000 reactor design and it’s also the first time to fully apply CNNC’s self-developed Longlin (龙鳞 ) DCS. More than 40 representatives from Zhangzhou Energy Company, CNPE, NPIC, China Nuclear Control System Engineering Company (CNCS), etc. attended the project initiation ceremony. Mr. Wu Lin, Deputy Director of NPIC, signed the project agreement with Liu Yanyang, head of Zhangzhou Units 1&2’s DCS project.

 

Load-free Testing of K2’s RCP Motor Completed

On the evening of October 23rd, the RCP motor’s load-free testing was completed at Karachi Unit 2, the HPR1000 unit in Pakistan. All the performance measurements met the requirements, marking the success of the testing. The milestone achieved paves the way for beginning subsequent cold testing.

 

NNSA Releases Examination Report on Construction Preparation of 2MWt Liquid Fuel Thorium Molten Salt Experiment Reactor

The NNSA released a report on October 24th regarding a study in which delegates from the NNSA conducted a field examination on the construction preparation of CAS Shanghai Institute of Applied Physics’ 2MWt liquid fuel thorium molten salt reactor. According to the report, the project has already made significant planning and preliminary construction progress, including having “established and implemented a quality assurance mechanism, designed  construction plans of the primary reactor hall , completed filing for preliminary plant design documents, and partially filed construction planning documents” and “the concrete foundation base is being poured in accordance with the approved plans”. It also concludes with ten requirements of further improvement, to which the institute must respond by November 15th.

 

CNNC Raises 1 Billion RMB through Issue of 3-year Bonds

CNNC issued 1 billion RMB worth of 3-year bonds on October 24th through CNNC Capital Holdings Co Ltd., its wholly-owned subsidiary, in Hong Kong. With nearly 3 times of oversubscription, the coupon rate was eventually determined as 3.97%, 38 points less than the initial guiding rate of 4.35%.