McLaren report’s allegations to be taken to legal courts — former Sports Minister MutkoSport December 09, 21:41
Russia-Ukraine-EU gas talks to continue — EC energy chiefBusiness & Economy December 09, 21:11
Russian diplomat says concept of Syria’s moderate opposition has failedRussian Politics & Diplomacy December 09, 20:58
Hollywood star Schwarzenegger to appear in Russian adventure filmSociety & Culture December 09, 20:53
Restoration of Palmyra possible after ending of hostilities in Syria — ministerSociety & Culture December 09, 20:35
Gazprom ready to supply gas to Ukraine — Russia’s energy ministerBusiness & Economy December 09, 20:08
WADA chief alarmed over statements in McLaren reportSport December 09, 19:04
Russian sports minister: McLaren’s words on "institutional conspiracy" erroneousSport December 09, 18:59
Russian PM says sanctions 'not worth loss they cause for business'Business & Economy December 09, 18:24
BUDAPEST, May 25. /TASS/. Hungary is committed to the implementation of the project on expansion of the Paks power plant, the country’s Minister of Foreign Affairs and Trade Peter Szijjarto said after talks with Russian Foreign Minister Sergey Lavrov.
"The implementation of the Paks-2 project will contribute to higher competitiveness of Hungary in energy sector. The Hungarian side is committed to the implementation of this project in compliance with the plan," Szijjarto said.
The Paks nuclear power plant was built with Russia’s participation. Russia and Hungary agreed to build new power units at the power plant in January 2014.
For the implementation of the project Russia is to grant Hungary a country-to-country loan worth 10 bln euros to finance the supplies of equipment, design and construction services and commissioning of units 5 and 6 of the Paks plant.
Investments in construction of units 3 and 4 of the Paks NPP won’t exceed 12.5 bln euros. The agreement provides for the use of lending in 2014-2025. The interest rate varies between 3.95% and 4.95%.
The Paks NPP is the only operational nuclear power plant in Hungary. The plant was built under the project designed in the USSR. The plant generates more than 40% of all electricity in the country.