Putin Promises Hungary Funds for Paks NPP
Russia is ready to finance fully the expansion of the only nuclear power plant in Hungary, stated Russian President Vladimir Putin after meeting Hungary’s PM Viktor Orban in Budapest, cited by RIA Novosti.
The new units of the Paks NPP cost EUR 12 B. The current agreement for the completion of the nuclear power plant is for Russian credit of up to 80% of the price of the project.
Viktor Orban pointed out that he expects preparatory works on Paks’ platform to start in 2017, while construction will begin in 2018.
The project will expand the facility by two charging units of 1,200 megawatts.
Orban and Putin agreed to start negotiations on the deliveries of Russian gas to Hungary after 2021.
- » Bulgarian Companies have a Chance to Participate in the Construction of the New Hungarian NPP
- » In Bolivia Began a Meeting of Countries - Exporters of Natural Gas
- » Bulgargaz Demanded a 5% Increase in the Price of Gas
- » Electricity Production in Bulgaria is Growing more Slowly than Consumption
- » Kozloduy Nuclear Power Plant can Operate Until 2047
- » The Share of "Green" Energy in Bulgaria is Increasing