Rosatom Boosts Foreign Orders Portfolio to $74 Bln

Forum Contacts RSS		RUSSIAN

RIA Novosti, PUBLISHED 22.12.2013

Russian state nuclear power corporation Rosatom said Saturday it had increased its current foreign orders portfolio to over $74 billion after signing a contract to build a nuclear power plant in Finland.

Rosatom signed on Saturday in Helsinki an expected deal with Finnish nuclear consortium Fennovoima on the construction of a 1,200-megawatt Hanhikivi-1 nuclear reactor in Pyhajoki, northwest Finland.

The Hanhikivi project cost is estimated at 4-6 billion euros ($5.4-$8 billion), according to the Finnish consortium.

Rosatom will also take a 34 percent stake in Fennovoima and deliver nuclear fuel for the future NPP.

“As a result, Rosatom is now involved in the construction of 20 nuclear reactors around the world. Its overall contracts portfolio, including NPP construction, deliveries of nuclear fuel and enriched uranium, and other services will exceed $74 billion,” a Rosatom spokesman told RIA Novosti.

Topics: NPP, Europe, Finland

Other news:

First Chapter of US-Russian Megatons-to-Megawatts Deal Closes

Russia started delivery of the last batch of low-enriched uranium to the United States under a long-standing program to convert Soviet-made nuclear weapons into fuel.

Russia Starts Building Largest-Ever Nuclear Icebreaker

The yet-unnamed ship, to be powered by two nuclear reactors, will be 14 meters (46 feet) longer and four meters (13 feet) wider than the current largest, the 50 Let Pobedy (50 Years of Victory).

Rosatom Picked to Build $10Bln Jordanian Nuclear Plant – Reports

Rosatom will build the plant in the Amra region, 60 kilometers east of the eastern Zarqa city, said Khaled Toukan.

Hero of the day

Questions for Jerry Hopwood

We are currently working with the Nuclear Decommissioning Authority (NDA) on this approach, which was submitted in response to their February 2012 call for alternative proposals. We appreciate that the UK is in the early stages of their policy development activities and are pleased to be involved in such important work.

INTERVIEW

Yanko Yanev
Unfortunately, we live in this age of narrow political thinking. Each of our politicians think how to survive, whether he will be the next convocation of the parliament or the government or not.

OPINION

Joint Plan of Action
The goal for these negotiations is to reach a mutually-agreed long-term comprehensive solution that would ensure Iran's nuclear programme will be exclusively peaceful. Iran reaffirms that under no circumstances will Iran ever seek or develop any nuclear weapons.