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Belarus to sign nuke plant construction contract with Russia in early 2012

October 13, 2011, 12:28 UTC+3
According to Belarusian Deputy Minister of Energy, Russia will issue a state export loan to Belarus to fund the construction of the nuclear and the engineering infrastructure
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MINSK, October 13 (Itar-Tass) —— Belarus hopes to sign a general contract with Russia on the construction of a nuclear power plant in early 2012, Belarusian Deputy Minister of Energy Mikhail Mikhadyuk said on Thursday.

According to Mikhadyuk, Russia will issue a state export loan to Belarus to fund the construction of the nuclear and the engineering infrastructure. The loan sum is expected to be at least 90 percent of the contract cost. “The loan will be enough to finance the contract in accordance with the agreement,” he told a news conference.

He also said that Russia’s liabilities will include the financing of the construction of the production infrastructure, engineering networks and utilities of the would-be nuclear plant, while Belarus will finance the construction of housing for the plant’s personnel.

The first unit of the nuclear plant is planned to be commissioned in 2017, and the second unit – in 2018. The general contractor of the project will be Atomstroyexport.

 

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