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Development of Romanian nuclear power plant tops 2bln Euros

Marţi, 18 aprilie 2006, 0:00

The Romanian Ministry of Economy and Commerce (MEC) announced plans to build simultaneously the reactors 3 and 4 for the Cernavoda nuclear power plant. The project is valued at 2.2 billion Euros and will be carried out in 76 months by a mixed company, according to a MEC press release.

The decision was based on a study that took into consideration the investments and the economical effectiveness. The annual management cost for the two reactors amounts to 100 million Euros while the electrical power cost ranges from 30€/MWh – 35 €/MWh. The National Nuclear Power Company (SNN) will manage the two reactors as well, along with the first two 1 and 2.

MEC will launch actions to start luring investors.

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