(EnergyAsia, January 31, Thursday) — Flowserve Corporation, a leading global provider of fluid motion and control products and services, said it has been selected to provide the China Nuclear Power Engineer Co Ltd with concrete volute pumps for the first phases of its Hongyanhe and Ningde nuclear power plant projects. The order is worth a total of between $25 and $30 million.
Hongyanhe, in Dalian city in Liaoning province, is the first nuclear power project to be built in northeast China. A total of six generating units are planned for the site, which will be constructed in several phases. The first phase, which will include two generating units, is scheduled to be completed in 2011.
The Ningde nuclear power project is located in Qinyu town in Fujian province’s Ningde city. This plant will have six units that will be constructed in three phases. The first phase of the project is due for completion in 2012.
“This contract is a result of Flowserve’s focus on the nuclear power market in China,” said Flowserve Pump Division President Tom Ferguson. “Our Flowserve Changsha joint venture worked closely with our partner Changsha Pump Works on the plan for local manufacturing, which positions us well in this growth market as China adds nuclear power generating capacity over the next two decades.”
China plans to significantly increase the country’s installed nuclear power to approximately four percent of the country’s total installed capacity by 2020.
To reach this goal, China must build 32 nuclear power units, of the size of the planned Hogyanhe and Ningde projects in the next 15 years, according to the Chinese National Development and Reform Commission.
The Hongyanhe plant is a joint venture among China Guangdong Nuclear Power Holding Co Ltd (CGNPC), China Power Investment Corporation (CPIC) and Liaoning Construction Investment Group. The Ningde project is a joint venture of Guangdong Nuclear Power Investment Co Ltd and Datang International Power Generation Co Ltd. CGNPC will be responsible for the project construction and the operation of the first five years after commercial operation with participation from CPIC.
Flowserve Corp operates in more than 55 countries, producing engineered and industrial pumps, seals and valves as well as a range of related flow management services.
China Nuclear Power Holding Co Ltd was established in September 1994 with a registered capital of RMB10.2 billion. (US$1=RMB7.25). China Guangdong Nuclear Power Group (CGNPG) is the parent company of CGNPC, with total assets of RMB60.2 billion and net assets valued at RMB26.3 billion, as of last February 28.