China Jiamusi Electric Machine Co., Ltd. Signs RMB 620 Million Taipingling Nuclear Power Main Pump Contract

2026-10-12 17:25
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en.Wedoany.com Reported - On October 12, China Jiamusi Electric Machine Co., Ltd. announced that its controlling subsidiary, Harbin Electric Power Equipment Co., Ltd., and China Nuclear Power Engineering Co., Ltd. signed the "Taipingling Project Units 5 and 6 LOT120F Reactor Coolant Pump Supply Contract" on October 11, with a tax-inclusive contract amount of RMB 619.88 million, approximately RMB 620 million. The contract covers the design, manufacturing, and related services of shaft-seal-type reactor coolant pumps, with delivery scheduled to be completed by October 15, 2031.

This contract corresponds to Phase III of the Taipingling Nuclear Power Plant in Huidong County, Huizhou City, Guangdong Province, and the construction targets are Units 5 and 6. The project was approved by the State Council on July 31, 2026, and is planned to adopt the "Hualong One" Version 2.0 technical scheme; it is currently in the early stage of construction. China Nuclear Power Engineering Co., Ltd. is the employer for this equipment procurement, and Harbin Electric Power Equipment Co., Ltd. is the contractor. The project construction funds are self-raised.

According to the contract, the supply scope includes the research and development design, equipment manufacturing, testing and inspection, and related supporting services of shaft-seal-type reactor coolant pumps. The total contract price covers purchased parts, raw materials, manufacturing and processing, special tools, spare parts, packaging and transportation, insurance, and assistance with license applications and other costs required for performance, and relevant taxes and fees are also included in the contract price. The contract officially takes effect after both parties sign and seal it.

Jiamusi Electric Machine Co., Ltd. had previously disclosed that its controlling subsidiary received the letter of award for this equipment procurement project. With the formal signing of the supply contract, the contract amount, performance scope, and delivery time have been clarified. According to the contract terms, if the supplier fails to perform its obligations in a timely manner or violates reasonable written instructions, the purchaser may require rectification in writing; if the supplier fails to complete the required remediation within 14 days after receiving the notice, or fails to complete remediation within a reasonable period, the purchaser has the right to suspend, terminate, or cancel the relevant work and pursue liability for breach of contract in accordance with the contract and legal provisions.

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