26 Jun '09
Inter RAO UES’ Yevgeny Dod is positive the Baltiiskaya nuclear power project in Kaliningrad Region will be carried out.
According to him, the RF Ministry of Energy hasn’t set any timeframe yet, but Inter RAO UES hopes it will start work in 2010.
The firm is reportedly considering inviting potential investors.
The cost of the project is an estimated $7.7bn, Mr. Dod said.
The Baltiiskaya nuclear power station will be reportedly built 15 km south-east of the town of Neman in Kaliningrad Region and 20 km off the Lithuanian border.
In accordance with an agreement signed in April 2008 between Russia’s nuclear energy agency, Rosatom, and Kaliningrad regional authorities, the station is to be put into operation in 2016.
Under plans, the station will export electrical energy and synchronize the entire North-West energy system.