China awards $6 billion nuclear deal

BBC : Westinghouse, the Japanese owned US nuclear-plant builder has won a $8 billion-dollar contract to build four AP1000 nuclear plants in China - two at Sanmen in Zhejiang province, with another two at Yangjiang in Guangdong.The AP1000 reactor is an advanced pressurised water reactor and the Chinese plants should be operational by 2013. Under the agreement China will also obtain rights to build similar reactors itself as part of its plan to increase nuclear energy capacity from 1% to 5% of its energy market by 2020.