China National Nuclear Corp., or CNNC, has expressed interest in helping to build Argentina's fourth nuclear power plant, Argentina's Planning Ministry said Tuesday.
Planning Minister Julio de Vido met with the head of CNNC to discuss the tender of construction contracts. They agreed that a Chinese delegation will travel to Argentina in August, while in September representatives from Argentina's National Atomic Energy Commission will visit China, the ministry said.

De Vido is in China accompanying President Cristina Fernandez, who started an official visit to the Asian giant on Monday.

According to an Energy Department presentation, the plant could come online in 2016-2017, while local press have reported it will cost more than $3 billion to build. Industry analysts say that Argentina's government-run nuclear-power industry is notorious for cost and time overruns.
Source: online.wsj.com