CNEC sits on a ton of cash

China Nuclear Engineering Corporation (CNEC) recently announced the total value of its newly signed nuclear contracts this year from January to September : 11.70 billion RMB (USD 1.73 Billion), growing by 298.85% year on year.

This growth far exceeds the military projects and civil engineering, which only increasing by 127.18% and 14.21% respectively.

Merely from June to September, CNEC won two nuclear contracts worth of almost 4 billion RMB (USD 600 Million). One is the nuclear island civil construction of Tianwan 5/6 and its contract values is around 1.842 billion RMB (USD 274 Million). While the other is the nuclear island installation project of Fangchenggang 3/4 and its contract value is 2.002 billion RMB (USD 297 Million).

Elaine Li

Elaine Li

Elaine Li (李益楠) is Marketing Manager for the Chinese Market. With ten years of experience in the nuclear power market, Elaine is experts for the certification of safety equipment (HAF 604 and 601) and marketing intelligence.
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Don’t Stop Here

The Turkish Industry becomes nuclear

The Nuclear Industry Cluster (NÜKSAK) was recently established under the management of Ankara Chamber of Industry (ASO). The cluster includes Turkish firms from Istanbul, Kocaeli

JAEC and CNNC Delegation visited SEC-KSB

On March 14, 2018, The Jordan Atomic Energy Commission （JAEC） and CNNC senior delegation visited Shanghai Electric KSB Nuclear Pump and Valve Co., Ltd. (“SEC-KSB“).

Scroll to Top