Hungary-Russia nuclear fuel agreement gets approval

Paks

Caption: Paks nuclear power plant

The European Atomic Energy Community (Euratom) approved a contract for Russia to supply nuclear fuel to a power plant in Hungary.
 
In March, Euratom had reportedly blocked the agreement for Russia to supply fuel to two units at the Paks nuclear power plant, a contract worth 12 billion euros ($12.9 billion). Construction of two new units at Paks is scheduled to begin in 2018, according to Sputnik News.
 
The countries signed a general framework deal in late 2014 to build the two new units at Paks, Hungary’s only nuclear power plant. The plant currently has four VVER-440 reactors in operation, the first of which was put into operation in 1982.
 
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