Alstom wins EUR 5.1mn contract for nuclear power plant upgrade in Hungary.

By bne IntelliNews August 7, 2013

French energy solutions company Alstom has won a tender to upgrade of generators in Hungary's sole nuclear power plant Paks, portfolio.hu reported. Under the contract, worth EUR 5.1mn, Alstom will upgrade eight operating generators plus one spare.

The company plans to implement the project with the participation of its Hungarian engineering team, foreign experts and numerous local sub-contractors.

The plant currently runs four Russian VVER-type reactors with a combined capacity of about 2,000MW. The government wants to build two more units, to be operational between 2020 and 2030.

Paks generated a record high of 15,793 GWh of electricity last year, up 0.7% y/y. It accounted for more than 45.9% of the domestic energy production.

Related Articles

UK's Quercus to invest €500mn in Iranian solar plant

British renewable energy investor Quercus is to invest more than €500mn in a solar plant project in the first half of 2018, Iran Student News Agency reported on September 18, citing Reuters. The ... more

Controversial Czech company threatens Kyrgyzstan with arbitration for loss of hydro contracts

Czech company Liglass Trading has threatened Kyrgyzstan with international arbitration for the annulling of contracts to build and run 12 hydroelectric power plants, Reuters ... more

CEZ’s attempts to sell Bulgarian assets reportedly suspended

The sale procedure initiated by CEZ for its assets in Bulgaria has been suspended, Bulgaria’s Energy Minister Temenujka Petkova said ... more

Dismiss