Rolls Royce wins Chinese nuclear contract
Rolls-Royce, a global power systems company, has been awarded a contract by China Guangdong Nuclear Power Corporation (CGNPC) to supply its Spinline digital safety instrumentation and control technology (I&C) for the
Rolls-Royce, a global power systems company, has been awarded a contract by China Guangdong Nuclear Power Corporation (CGNPC) to supply its Spinline digital safety instrumentation and control technology (I&C) 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.
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
Benoit Chabre, the President of Instrumentation and Control said: "Our neutron instrumentation technology will be deployed in each of China's current and planned fleet of 22 CPR-type reactors. We are committed to working with our customers to supply products and support services that enable them to achieve the highest standards of safety, reliability and cost effectiveness."
Rolls-Royce supports a number of key phases of the global nuclear programme,
including providing advice to governments and operators, supply chain
management, and manufacturing and technical engineering support.
The group provides safety-critical instrumentation and control systems to 70% of China's civil nuclear reactors that are either in operation or under construction.
CM
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.
-
Energy bills to rise by 1.2% in January 2025
Energy bills are set to rise 1.2% in the New Year when the latest energy price cap comes into play, Ofgem has confirmed
By Dan McEvoy Published
-
Should you invest in Trainline?
Ticket seller Trainline offers a useful service – and good prospects for investors
By Dr Matthew Partridge Published