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Further Agreements Needed for Paks Nuclear Power Plant

admin 2014.07.07.

Three more contracts can be expected regarding the new nuclear power plant in Paks, government commissioner Attila Aszódi confirmed for daily paper Népszava. The contracts to be signed by Hungary and Russia are the last steps in the agreement between the parties, and will regulate the processes of planning, construction and launch of the new nuclear blocks.

Aszódi also stated that the agreements will also entail regulations regarding the delivery and disposal of nuclear fuel. Russian nuclear giant company Rosatom stated each VVER 1200 type reactor will boast a capacity of 1000 megawatts. Hungarian negotiatiors are in the process of drafting the contracts before presenting them for the representatives of Russian energy giant Rosatom for further evaluation.

Many have criticized the deal, with opposition parties hailing it as unfavorable, while others questioned the necessity of the new reactors. Hungary signed the agreement to build a new reactor in January while the Russian-financed loan on the extension of the Paks Nuclear Power Plant passed the Parliament’s floor last week.

Photo: Barna Rovács


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