Toshiba to receive USD1.65b order for nuclear reactors
(MENAFN) A new report showed that Japanese Toshiba Corp is set to receive a USD1.65-billion order to supply equipment for six to eight nuclear reactors in China, QNA reported.
Toshiba is projected to deliver control systems, turbines and other main equipment for Chinese facilities through its US subsidiary Westinghouse Electric Co., scheduled to begin operation in 2020s.
The firm previously built two mid-sized nuclear reactors each at Haiyang and Sanmen, and their track record seems to have worked in the firm's favor amid fierce competition from Europe and Russia.
Toshiba is also conducting talks with Kazakhstan over delivery of nuclear reactors. Japan's Prime Minister has promoted exports of nuclear technology despite strong opposition at home.
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