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No nuclear restart in sight

By Liang Fei (Global Times)

08:40, January 30, 2013

China's three largest major inland nuclear projects, operated by China National Nuclear Corp, China Power Investment Corp and China Guangdong Nuclear Power Holding Co respectively, are not likely to resume construction any time soon, experts said Tuesday.

Experts also noted that the halt could bring great losses both to the companies and to local governments.

The three inland nuclear power projects, located in Taojiang county in Central China's Hunan Province, Tongshan county in Central China's Hubei Province, and Pengze county in East China's Jiangxi Province, have already invested around 10 billion yuan ($1.6 billion), China Economic Weekly reported Tuesday.

"It is very likely that these inland projects will ultimately be abandoned," Lin Boqiang, director of the China Center for Energy Economics Research at Xiamen University, told the Global Times.

Construction of nuclear projects in China was halted after the 2011 Japan earthquake, which damaged several nuclear plants in Japan and raised global concerns on nuclear safety.

The central government said at a nuclear planning meeting in October 2012 that China will not launch any new inland nuclear projects before 2015.

In December 2012, two seaside nuclear projects in East China's Shandong and Jiangsu provinces were restarted.

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