South Africa says nuclear power deal with Russia in early stages

JOHANNESBURG (Reuters) - South Africa's nuclear cooperation deal signed this week with Russia is part of a tender process that will involve other competing countries and is not a contract to build power plants, government officials said on Tuesday. The Russian atomic agency Rosatom issued a statement on Monday saying that it had signed a $10 billion deal with Pretoria for the installation of 9.6 gigawatts of nuclear capacity by 2030, to help Africa's most advanced economy cope with chronic electricity shortages. ... Read More http://ift.tt/1r3GaDD