Page added on January 2, 2007
Atomprom, the Russian state-run nuclear power company to be launched this year, has asked Toshiba Corp. and Ishikawajima-Harima Heavy Industries Co. to enter negotiations over a possible tie-up on nuclear power plant technology, it was learned Sunday.
Russia’s nuclear plant manufacturing technology has barely improved since the Chernobyl nuclear plant accident in 1986. Consequently, Moscow has judged it would be advantageous to seek a tie-up with Japanese companies reputed for turbine and other technologies.
The envisioned deal embodies major changes in policies toward increasing nuclear power stations due to the surge in crude oil prices and to help prevent global warming, although many countries in general previously stopped building new nuclear power stations because of security concerns.
Leave a Reply