National Nuclear Energy Generating Company Energoatom has agreed with
British bank Barclays on financing the completion of the third and fourth power
units at Khmelnytsky nuclear power plant (NPP), the company's press service
reported referring to a statement by Energoatom President Yuriy Nedashkovsky.
We have agreements with the world's renowned bank Barclays, and we will receive funds to complete the construction of two power units at Khmelnytsky NPP," Nedashkovsky said at a briefing in Brussels on October 29.
According to him, the completion of the NPP's two units will be
implemented in the framework of " Ukraine-EU Energy Bridge" project
providing for the transfer of electricity from Khmelnytsky NPP's second power
unit to the European Union.
"In other words, one project focuses on three directions at the
same time. The first one is the technical export of electricity, the second
[direction] is the financial instruments, and the third one is the creation of
additional power generating facilities," the company's president said.
Nedashkovsky also recalled that Energoatom intends to implement the project in cooperation with Polish company Polenergia.
"Such a long-term contract for power supply will become a financial
instrument for the completion of two other power units at Khmelnytsky nuclear
power plant. Thus, step-by-step, power supply [capacities] from Ukraine to
Europe will be expanded," Nedashkovsky said.
At this, he noted the timing of the project implementation can be until
2020.
As UNIAN reported earlier, according to the government program, Ukraine
plans to complete until 2020 the construction of two power units at Khmelnytsky
NPP whose foundations were laid back during the Soviet times.
At the same time, the project documentation does not specify what kind
of technologies is to be used to complete the construction of power units No. 3
and No. 4 at Khmelnytsky NPP.
The winner of the international contest held in October 2008 for
selecting the type of power unit assembly to construct units No. 3 and No. 4 at
the NPP was Russian Atomstroyexport company, a division of Rosatom, the Russian
Federation national nuclear corporation. U.S. based nuclear power company
Westinghouse and South Korean KEPCO also took part in the contest.
Late in 2014, Energoatom's head said that Ukraine might denounce the
agreement with Russia due to the fact that the latter had not made any progress
in implementing the project. In mid-September 2015, the Verkhovna Rada of
Ukraine did denounce this agreement. It is expected that Czech engineering
company Skoda JS will replace the Russian contractor to supply equipment for
Khmelnytsky NPP. Energoatom intends to use at least 70% of domestically
manufactured equipment for the nuclear power plant.
Currently, the construction of power unit No. 3 is completed by 75%,
while unit No. 4 is 25% ready.
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