bataan

It’s been nearly 35 years since the Philippines mothballed the country’s only nuclear power plant, declaring the 621-MW Bataan facility would not be commissioned despite the country spending $2.3 billion

Financing has reportedly been secured for a 1,600-MW coal-fired power plant in India’s eastern state of Jharkhand. Qatar’s Gulf Times newspaper reported April 6 that Power Finance Corp., a state-run lender in India, and its subsidiary REC approved a $1.5 billion loan for the project. The report said the new plant would be funded through loans […]

With costs for a restart escalating, Japan is considering scrapping its troubled Monju fast breeder nuclear reactor, just as a never-started nuclear plant in the Philippines may get a new lease on life. Monju May Be Finished Japan Times reported that readying the Monju plant for restart “would cost several hundred billion yen.” Sources said that […]