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, 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

EC opens in-depth investigation into Romanian energy producer CE Hunedoara

The European Commission announced on March 12 that it has opened an in-depth investigation to assess whether various public support measures from Romania in favour of energy ... more

Lack of X-ray facilities scuppers plan to start Iran-Iraq oil swap deal

A plan to truck oil from Iraq’s northern Kirkuk fields to Iran cannot yet be put into operation because of unresolved security concerns, the Iranian secretary-general of the Iran-Iraq Chamber of ... more

Shell to invest $42.5mn in oil, gas exploration in Albania

International oil major Shell plans to invest $42.5mn in oil and gas exploration in southern Albania over the next seven years, Albania’s National Agency of Natural Resources ... more