Rosatom Considering Nuclear Power Procurement Subsidiary In China

Russia’s state-owned nuclear power giant, Rosatom, is considering the establishment of a subsidiary in China, according to information on Russia’s public procurement website. The procurement tender includes preparation of a report on the opening of a subsidiary in China and the company’s registration.

The report states that the potential Rosatom subsidiary in China would ensure the production and supply of foreign-made equipment for nuclear power plants (NPP) under construction by Rosatom in Russia and elsewhere. Rosatom have been highly active in proposing and commencing NPP projects on a global basis, including in Bangladesh, Bolivia and Turkiye, Brazil, Ethiopia, Burkina Faso and Mali, Tanzania, Niger, South Africa, and Malaysia amongst others.

The new company plans activity related to procurement procedures and international payments, ordering and supplying equipment, obtaining security for advances and contract execution by manufacturers, obtaining funding for supply contracts, seeking contractors and suppliers and conducting negotiations.

The subsidiary will analyse China’s tax environment, in particular the purchase and export of equipment from China and the purchase and supply of equipment outside China.

“This tender is to explore the possibility of creating such a legal entity, not to order specific equipment.” Rosatom stated.

Rosatom’s 10-year overseas order portfolio was worth US$128.8 billion in 2024 and its portfolio of overseas orders over the entire life cycle is valued at US$200.4 billion.