Lithuanian nuclear plant runs into further trouble

There was further bad news for the 1300 MW Visaginas nuclear power plant in Lithuania, as the project is now predicted to cost $2.6bn more than originally expected.

The plant will now cost in the region of $8.7bn, according to a statement from the government's Ministry of Finance, having previously been estimated to cost $6.2bn.

Nuclear power plant
Last month, the project took a positive step forward when the government signed a Concession Agreement with Hitachi Ltd.

For more nuclear power news




Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...