Japan Atomic Power Co. signed a preliminary agreement with Vietnam Electricity Holding Co. to carry out a feasibility study for Vietnam's second nuclear plant.
Japan Atomic and the Vietnamese company plan to sign a final agreement by the end of March to conduct the study after Vietnam Electricity provides more information, Japan Atomic spokesman Mitsuru Marutani said Wednesday.
The study, which may take between 12 and 18 months, will assess the suitability of the planned location of the station and the type of reactor to be used, Marutani said.
Vietnam agreed to make Japan a partner in building the nuclear plant in Ninh Thuan province in southern Vietnam in October. Japan Atomic Power Co. is owned by utilities including Tokyo Electric Power Co., Asia's biggest electricity company.