Wednesday, September 22, 2010

Russians to build nuclear fuel plant in Ukraine

September 19, 2010 (UKRINFORM). The Russia-based TVEL Fuel Company has been declared a winner on the auction to select a partner and technology on the construction of a nuclear fuel plant in Ukraine, according to Svitlana Merkulova, an adviser to director of the Westinghouse office in Kyiv.
"We have received a notice with thanks for participation and that an inter-ministerial commission decided in favor of TVEL," she said. As reported, TVEL Fuel Company (Russia) and Westinghouse Electric Compnay, LLC (USA) applied for the competition on the selection of a technology and partner to build a plant for the production of nuclear fuel in Ukraine for VVER-1000 reactors. On May 5, 2010, Prime Minister of Ukraine Mykola Azarov noted that Ukraine agreed with Russia on a joint construction of a plant to produce nuclear fuel. According to the Energy Strategy, Ukraine planned to build by 2014 its own plant for the fabrication of fuel assemblies. Under the state target program "Nuclear Fuel of Ukraine" approved in September 2009 by the Cabinet of Ministers, the construction of the nuclear fuel plant is scheduled to be completed in 2013. The construction cost is estimated at UAH 1.679 billion, of which UAH 1,092 billion will be investments (USD 1 - UAH 7.9).