MegaBanner-Right

LeaderBoad-Right

LeaderBoard-Left

Home ยป Industry News ยป Rosatom signs deal to build South African nuclear plant

Rosatom signs deal to build South African nuclear plant

Rosatomย is to construct aย nuclear power plantย and research centre inย Nigeria.

โ€œThe development of nuclear technologies will allow Nigeria to strengthen its position as one of the leading countries of the African continent,โ€ Anton Moskvin, Rosatomโ€™s vice president for overseas marketing and business development, said in a statement on the companyโ€™s website.

A broad nuclear cooperation agreement had been signed by the government and Rosatom in 2009, as South Africa attempts to modernise its power infrastructure. The country has been plagued by blackouts over the past decade, affecting the economy.

Moskvin signed the latest agreements with Simon Mallam, chairman of Nigeriaโ€™s Atomic Energy Commission, on the sidelines of a nuclear conference in Abu Dhabi.

Feasibility studies for the new nuclear power plant include site screening and financing schemes, Moskvin said.

Rosatom, South Koreaโ€™s Kepco, Franceโ€™s EDF and Areva, Toshiba-owned Westinghouse and Chinaโ€™s CGN are competing for South Africaโ€™s project, which could be worth tens of billions of dollars to develop up to 9,600 MW, should it get the green light.

South Africaโ€™s environmental department has also granted authorization to state-owned power utility Eskom to build a new 4,000 MW nuclear power plant in the Western Cape province, Reuters reported in mid-October.


ย 

Source

PEI

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

Cape Town 500MW electricity tender opens door to private power traders

Cape Town 500MW electricity tender opens door to private power traders By Kris Van Der Bijl CAPE Town is three weeks from the closing date on...

Women in Green Building Competition 2026: Your Perspective Matters

Women in Green Building Competition 2026: Your Perspective Matters The Green Building Council South Africa (GBCSA), in partnership with the International Finance Corporation (IFC), invites...

MUST READ

Electric truck market in South Africa needs government action to grow

Electric truck market in South Africa needs government action to grow By Adrian Ephraim SOUTH Africaโ€™s commercial vehicle sector has a policy challenge. The technology for...

RECOMMENDED

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.