Today,
the lower chamber of the Hungarian Parliament by the majority of votes
has approved the terms of the intergovernmental agreement with Russia on
the construction of two units of the Paks NPP. The document signed in
January during the visit to Moscow of Prime Minister of Hungary Viktor
Orban provides for the construction of two units with the capacity of
440 MW each with a possible financing of the project by the Russian
side.
As it was previously stated by Finance Minister Anton
Siluanov, the matter concerns a loan of 9 - 10 billion euros to be paid
off in 21 years. "The decision on the loan has not been made yet, the
negotiations about the terms of the loan are under way; we hope, in the
first half /of 2014/ we will reach the final decision", he informed
ITAR-TASS.
The Paks NPP is the only operating nuclear
power plant in Hungary. The station was built according to a Soviet
project; all four reactors are of the VVER-440 type. The NPP produces
over 40 percent of all electricity generated in the country.
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