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September 26, 2007

Thailand's first nuclear power plant will require $8 billion

by YUTHANA PRAIWAN
Bangkok Post
26 September 2007

Thailand's first nuclear power plant would require a massive capital investment of at least US$8 billion, according to Dr Kamol Takabut, the director of the mechanical engineering division at the Electricity Generating Authority of Thailand (Egat).

If and when the government decides to start construction in 2014, Egat will need to raise at least $8 billion to finance the high standard of construction required for the project.

''Atomic fuel has been used more around the globe lately. They say that a nuclear power plant is a 'clean fuel', but there are long procedures to catch up,'' he said.

From business section of www.bangkokpost.com .

Posted by dcjaya at September 26, 2007 3:03 AM