Paks nuclear power deal finalised - Rosatom

Rosatom is to set-up two reactors in Hungary at the Paks nuclear power plant. The Hungarian Government has confirmed the contract, which will involve units 5 and 6 being constructed at the plant.

The units will house Rosatom's VVER-1200 nuclear reactors, and are expected to each have a generation capacity of 1,200 MW.
Paks NPP
Russia's state-run nuclear corporation had already supported the project with an $11bn loan.

Rosatom head Sergei Kiriyenko said: "We got a confirmation from the government of Hungary that everything has been agreed, everything remains unchanged. Everything has been confirmed, the contract has entered force."

Located 62 miles south of Budapest, Paks NPP presently meets more than one-third of Hungary's power requirements with its four installed VVER-440 reactors.

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