Sunday, April 5, 2015

ecns [expanded by feedex.net]: Merger between China's top nuclear power giants underway

ecns [expanded by feedex.net]

ecns

Merger between China's top nuclear power giants underway
http://www.ecns.cn/business/2015/04-06/160721.shtml
Apr 6th 2015, 00:51




The merger of China Power Investment and the State Nuclear Power Technology has begun.


Two SOEs are coming together to form "State Power Investment."


The company will have a focus on overseas contracts.


The executives structure hasn't been revealed.


It's being reported the President of State Nuclear Power, Wang Binghua, is likely to chair the new company.


For more on the merger between the two nuclear power giants, we are now joined live by Mike Bastin, Director of The China Business Centre based in London.




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