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.

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