VanEck Vectors Uranium Plus Nuclear Energy ETF (NLR)

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Vietnamese officials have chosen Rosatom's AES-2006 design for the country's first nuclear power plant at Ninh Thuan, increasing the planned capacity of the four unit plant by about 800 MWe. A second plant should follow based on a partnership with Japan.

http://www.world-nuclear-news.org/NN-Vietnam-upgrades-reactor-choice-2111141.html

The choice of Russian technology for Ninh Thuan 1 at Phuoc Dinh has now been made, and Atomproekt based in Saint Petersburg will supply its version of the AES-2006 plant for at least the first two units. This design produces 1200 MWe for transmission over the grid and its replacement of the VVER-1000 units previously planned would add about 800 MWe to Ninh Thuan's future generating capacity across four units.

The reactors are to be built over 2017-23 as a turnkey project. Russia's Ministry of Finance is prepared to finance at least 85% of this first plant, to supply the nuclear fuel and take back the used fuel for the life of the plant. These details were explained to delegates at the Atomex Asia conference organised by Rosatom on 19-20 November in Ho Chi Minh City.


The Ninh Thuan 2 plant at Vinh Hai, on Cam Ranh Bay about 20 kilometres northeast of Phouc Dinh, is to be developed under a partnership with Japan and consideration of possible technology options is ongoing.