Argentina's national nuclear group Nucleoeléctrica Argentina SA (NASA) has signed two reactor construction agreements with China National Nuclear Corporation (CNNC) for the construction of the fourth and fifth nuclear reactors in Argentina. The projects will require a US$15bn investment, to which China will contribute 85%.
In February 2015, the Ministry of Federal Planning of Argentina ratified an agreement with the National Energy Administration of China and China National Nuclear Company (CNNC) on a project to build a fourth nuclear reactor in Argentina. An 800 MW Candu reactor should be built on the site of the Atucha power plant in Lima (Buenos Aires province). Construction is expected to take eight years.
Argentina has three operational nuclear power plants, Embalse, Atucha-1, and Atucha-2 (745 MW), commissioned and renamed "Nestor Kirchner" in 2014. The country plans to invest a total of US$31bn in nuclear power in the next decade, including in the construction of the 4th and 5th nuclear power plants.
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