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Russian nuclear corporation plans to boost foreign contracts to $160 bln — source

December 28, 2015, 14:40 UTC+3 MOSCOW

As of early 2015, Rosatom’s 10-year foreign contracts portfolio totaled $101.4 bln

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© Donat Sorokin/ITAR-TASS

MOSCOW, December 28. /TASS/. Russia’s national nuclear corporation Rosatom plans to boost its portfolio of foreign projects to $160 bln within 2 years, a source in the company said on Monday.

"Within the next 2 years [we plan - TASS] to boost our portfolio of foreign orders to $160 bln," he said, adding that in 2015 the company’s portfolio of foreign orders has exceeded $110 bln.

As Rosatom’s First First Deputy CEO for Corporate Development and International Business Kirill Komarov said the company plans to sign overseas contracts on construction of new energy blocks within the next 5 years, which will top up to 30-40 new nuclear energy blocks.

As of early 2015, Rosatom’s 10-year foreign contracts portfolio totaled $101.4 bln. Apart from contracts for construction of new nuclear power stations, the portfolio also comprises contracts in the area of nuclear fuel cycle, maintenance service and modernization of nuclear power stations, equipment supplies and other areas.

As of today the volume of contracts on construction of energy blocks being constructed now, exceeds $300 bln.

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