Hungary may call tender for nuclear power plant expansion by end-2013

By bne IntelliNews July 15, 2013

The Hungarian authorities could call a tender for the expansion of the country’s sole nuclear power plant Paks before the end of the year, Hungary Around the Clock reported. The government wants to build two more nuclear reactors, to be operational between 2020 and 2030.

According to representative of the project management company five reactor types can be considered. Russia's Rosatom, US-Japanese Westinghouse, South Korea's APR-1400, Japanese Mitsubishi and French-German ERP are the possible candidates.

The plant currently runs four Russian VVER-type reactors with a combined capacity of about 2,000MW.

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

Moldovan businessman Stati threatens to ask bailiffs to sell Kazakh Kashagan stake in legal battle

Moldovan businessman Anatolie Stati’s spokeswoman said on January 9 that Stati will ask bailiffs to sell a $5.2bn stake in the Kashagan oil field owned by Kazakh sovereign ... more

Romania’s Transgaz reportedly renews bid for Greece’s DESFA

Romanian gas transport company Transgaz has teamed up with Spain’s Regasificadora del Noroeste in an attempt to take over its Greek peer DESFA, where the Greek state has put a 66% stake up for ... more

Poland’s PKN Orlen launches offer to delist Czechia’s Unipetrol

Poland’s state-controlled oil and gas company PKN Orlen has launched an offer to take over Czech refiner Unipetrol, the Polish company said on December 13. PKN Orlen said it will go through with ... more