Russia to Seek Stake in Bulgarian Nuclear Power Plant

Moscow, Sep 28 – Russia will seek a stake in the Belene nuclear power plant being built by a Russian company in northern Bulgaria, Russia’s nuclear chief said Monday.

‘If Bulgaria announces a tender for its stake in the Belene NPP, we’ll participate in it,’ Sergei Kiriyenko, head of Russia’s state-run civilian nuclear power corporation Rosatom, said in an interview with Bulgarian newspaper Standart.

Russia’s state nuclear power equipment and service export monopoly AtomStroyExport won a tender to build and deliver essential equipment for the nuclear power plant in Belene in 2005. In early 2008, AtomStroyExport signed a contract worth around four billion euros ($5.8 billion) for the plant’s construction.

‘When the project was started, we perceived ourselves exclusively as a contractor and not as an investor. But if such an opportunity avails itself, we would like to participate in the tender, as we are absolutely convinced of the project’s recoupment,’ Standart quoted Kiriyenko as saying.

AtomStroyExport, which is a subsidiary of Rosatom, has completed or is working on reactors in Iran, Bulgaria, Hungary, the Czech Republic, Slovakia, China and India.

Posted by Vamban on Sep 28, 2009 @ 3:22 PM Filed under America, World News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry