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SUAL to Pay for Construction of Nuclear Station
Russian Federal Atomic Energy Agency (Rosatom), SUAL and government of the Murmansk region have agreed to construct in the Kola Peninsula a new aluminum plant and the second stage of the Nuclear Power Station, which will ensure the work of the plant. It is the first time in Russia that the private capital funds construction of a nuclear power station.
Rosatom, SUAL, government of the Murmansk region and a number of other divisions sealed a cooperation protocol Friday, which ties SUAL’s project for constructing an aluminum plant (capacity of up to 1 million tons) in the Kola Peninsula to construction of the second stage of the Kola Nuclear Power Station, which will produce electric power for this aluminum facility.
The first stage of the aluminum plant could be put into operation already by 2010 to 2011, and the second one will be probably launched by 2013 to 2015. The second stage of the Kola Nuclear Power Station will start operating in 2013.
“The project investments depend on what unites will be constructed in the Kola Nuclear Power Station,” said Rosatom chief Sergey Kiriyenko. “A standard unit of 1,200 MW costs 55 billion rubles to 56 billion rubles. But the 1,200-MW unit that we intend to produce in series won’t do here because of network restrictions. It will be necessary to construct a unit for 640 MW or 440 MW.”
www.kommersant.com
All the Article in Russian as of Oct. 09, 2006
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