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July 21, 2009

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Shanghai Electric New nuclear factory starts

SHANGHAI Electric has started construction on the second phase of its manufacturing base for nuclear equipment in Lingang New City.

The 1-billion-yuan (US$146 million) second phase project will almost double the company's nuclear equipment manufacturing capacity when it comes on stream in 2012, and Lingang will also become the world's largest and most concentrated base for nuclear equipment by that time, the company said in a statement.

Shanghai Electric has spent 6 billion yuan in Lingang's first phase and another nuclear equipment facility in Minhang District.


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