NATO rejects media claims alliance unable of quick deploymentWorld October 21, 13:01
Russia has no doubts Iran observes JCPOA - deputy foreign ministerRussian Politics & Diplomacy October 21, 11:04
Monuments to Soviet troops in PolandWorld October 21, 10:57
Putin and Erdogan give positive assessment to joint efforts in Astana processWorld October 21, 3:03
Privileges to certain languages in Ukraine’s education law to worsen situation — diplomatRussian Politics & Diplomacy October 20, 21:46
International balance of forces in Syria after Raqqa’s liberation unclear yet — expertMilitary & Defense October 20, 21:05
Russia to resume import of aubergines, pomegranates from Turkey since October 30Business & Economy October 20, 20:18
International station to orbit Moon at 70,000 km distance from EarthScience & Space October 20, 20:09
US indulging in lies to have UN-OPCW mission’s mandate extended — Foreign MinistryRussian Politics & Diplomacy October 20, 19:31
HELSINKI, February 25. /ITAR-TASS/. Russia intends to finance the construction of Hanhikivi-1 nuclaer power plant in north-western Finland from the Russian National Welfare Fund, State Nuclear Energy Coropration Rosatom Chief Sergei Kiriyenko told a news conference on Tuesday.
Rosatom won the tenders and gained support of the Russian government, which is prepared to invest into the project from the National Welfare Fund, Kiriyenko said. He explained that the funds would be borrowed from the budget reserve and that the money would not be needed in Russia for several dozen years. A number of banks had earlier declared that they were ready to finance the project on advantageous terms, Kiriyenko added.
Rosatom's affiliate "Rusatom Overseas" and the Finnish Fennovoima nuclear consortium signed a contract on the construction of the nuclear power plant in the end of December 2013.
Under the contract, Rusatom Overseas is to provide a nuclear reactor with a capacity of 1,200 Megawatt. Rusatom is entitled to 34% of shares at the Fennoima Charter capital.
The construction of the nuclear power plant will not start until 2015. According to media reports, the cost of the project is €6.5 billion, including €1.6 billion contributed by Fennovoima, and the Rusatom OverSeas financing the remainder.