Russian firms to build first floating nuclear power plant

Russian firms to build first floating nuclear power plant

Washington (Platts)--14Jun2006

Rosenergoatom and Sevmash Shipbuilding Company today signed a contract for
construction of the world's first floating nuclear power plant. The contract
was signed in Severodvinsk (Arkhangelsk region) during a visit by Sergey
Kiriyenko, chief of the Federal Atomic Energy Agency (Rosatom). According to
utility Rosenergoatom, the project will cost about 9.1 billion rubles (US$337
million). The plant is planned for commissioning in October 2010 and will
supply power to Sevmash. Kiriyenko said that only Russian resources will be
used for the project.

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