China Gives Aids For Nuclear Plants.

China will provide 6.5$ billion aids for nuclear plants.

 It is said that China will provide 6.5$ billion aids for nuclear power plants on soft terms, which will help Pakistan to make a substantial improvement in its dire electrical power shortage problems.

Earlier People Republic of China has also provided similar loan terms for the Chashma nuclear power plants and for Pakistan Energy commission. According to the official, the classic case of a win-win situation for both parties, adding for China, it is a profitable investment that also contributes to its industrial development. Such investments by vendor countries are not unusual for example, Russia is financing the entire cost of the plant that it is providing to turkey and has also  promised to finance a planned nuclear power plant for Bangladesh.

in nuclear technology, China is now well on the way to assuming the mantle of world leader and at present 29 nuclear power plants are under construction there by far the largest in any country. China is also making its presence felt in the international nuclear power arena. Recently experts from China were invited to provide technical advice and guidance for the new nuclear power projects that have been initiated in the United States.

The Americans owners of the upcoming plants have also set  up offices in Shanghai to enable their own workers to learn directly from the greater and more recent Chinese experience in the latest techniques in nuclear power technology. Chinese companies have also entered  into a joint international venture to set  up nuclear power plants in the United Kingdom. In Pakistan the first unit at Chashma imported from China  has been working efficiently for the past 14  years and the second has been doing well for  more than two years. Construction of two more units is proceeding smoothly and is several months ahead of schedule, official concluded.