Basic Element CEO Oleg Deripaska, left, and Russia's Federal Atomic Agency chief Sergey Kirienko, 2nd right
Photo: Dmitry Azarov
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Only the Maintenance Element
Evrosibenergo (part of Oleg Deripaska’s Basic Element) is willing to render maintenance service to nuclear energy facilities and construct a nuclear power plant in the next effort. The analysts regard that business rather profitable but doubt the ability to withstand competition of the government’s companies there.
Evrosibenergo has new plans for development, said its acting General Director Vladimir Kiryukhin. “We are willing to establish a separate profile in the company, which will focus on nuclear energy. It will be a full-scale sector, starting from the fuel cycle to energy sale. We have chosen an atom, as we are well aware of future problems with supplying any other fuel to the power plant,” Kiryukhin explained.
Evrosibenergo will start by buying some firms operating in construction, assembly and maintenance of nuclear energy facilities, according to Kiryukhin.
In Russia’s Federal Atomic Agency, Rosatom, they hail some portion of Evrosibenergo’s initiative. “If the matter at stake is construction and maintenance, the market is being formed here, and the more competition - the better for a client,” said Sergey Novikov, an aide to Rosatom chief. But when it comes to complete fuel cycle, Novikov pointed out, the laws explicitely spell out respective list of players and there is no Evrosibenergo on that list. No talks with the company are carried out for building a nuclear power plant either.
So far, the only private company that attempted to construct a nuclear power plant has been Group E4 of Mikhail Abyzov, former top manager of RAO UES of Russia. But the consortium, which it had built up for Kalinin Nuclear Power Plant’s tender refused to bid for the project in the end.
www.kommersant.com
All the Article in Russian as of June 26, 2007
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