Baltic countries in talks with Hitachi re- nuclear power

The Lithuanian government, along with its partners in Estonia and Latvia, is in talks with Hitachi Ltd. (TYO: 6501, NYSE: HIT) to build a nuclear power plant in the country.

Lithuania picked Hitachi together with its Hitachi-GE Nuclear Energy Ltd. unit as a strategic investor and technology supplier to construct a nuclear plant in the Baltic country by the end of 2020.

The region is seeking to cut its dependence on energy imports after closing the Soviet-era Ignalina facility at the end of 2009.

For more European nuclear news



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