Exelon Nuclear Partners, a subsidiary of Exelon Corp.,à‚ announced the completion of a Memorandum of Cooperation with CNNC Nuclear Power Company Ltd. (CNNP), the largest nuclear energy owner and operator in China. The memorandum is completed with the intent of entering into a series of agreements to promote nuclear operations in CNNP’s nuclear power operations in China. The memorandum anticipates further agreements for service support to be completed by June 30, 2011, and marks the beginning of long-term cooperation between the companies.
Representatives from CNNP are scheduled to visit Exelon facilities in the first quarter of 2011, where they will explore cooperating opportunities in nuclear plant operating services and support, such as outage management and nuclear safety.
CNNP is a wholly-owned subsidiary of China National Nuclear Corporation (CNNC).
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