Rolls-Royce aglow after bagging Chinese nuclear contract
Power systems developer Rolls-Royce has been awarded a contract by China Guangdong Nuclear Power Corporation to supply its Spinline digital safety instrumentation and control (I&C) technology for the modernisation programme of the Ling Ao nuclear power plant.
Power systems developer Rolls-Royce has been awarded a contract by China Guangdong Nuclear Power Corporation to supply its Spinline digital safety instrumentation and control (I&C) technology for the modernisation programme of the Ling Ao nuclear power plant.
The contract covers the modernisation of the Neutron Instrumentation Systems for reactor units 1 and 2 of the Ling Ao Power Plant. The original analogue platforms will be replaced with the latest digital safety technology that was installed in the plant's newer phase II reactor units 3 and 4.
Benoit Chabre, President, Instrumentation and Control at Rolls-Royce said: "We are a world-leader in safety I&C and our neutron instrumentation technology will be deployed in each of China's current and planned fleet of 22 CPR-type reactors."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The Neutron Instrumentation System is a safety-critical I&C system that ensures the integrity of the nuclear reactor. The system uses Rolls-Royce's Spinline technology to enable utilities to optimise the safety, availability and maintenance of nuclear power plants.
JH
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Saba Capital and Boaz Weinstein respond to investment trusts
As investment trust managers and industry experts accuse Saba of self-motivated opportunism, the hedge fund responds to specific "misleading claims" and sets out its stall
By Dan McEvoy Published
-
How to find top-quality companies with growing dividends
Ian Mortimer, portfolio manager of Guinness Global Equity Income Fund, shares where he would put his money for sustainable and growing dividends
By Ian Mortimer Published