LT: KEPCO confirms its interest in Lithuanian Nuclear plant project.

By bne IntelliNews November 18, 2010
Korea Electric Power Corp. has confirmed that it has submitted a proposal to become the strategic investor in the Lithuanian nuclear power plant project. Yet, other contestants remain unknown. PM Andrius Kubilius would not comment on the exact entrants to the tender, yet he indicates that the tender has been successful and the government is reviewing proposals. Strategic investor is about to receive 51% stake in the new nuclear plant. Energy minister Arvydas Sekmokas indicated that the nuclear plant should go into operation in 2018-2020.

Related Articles

EE: Estonian Air records EUR 49.2mn loss in 2012.

Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more

LT: Malsena acquires Latvian flour manufacturer Rigas Dzirnavieks.

Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more

EE: Estonian Air to return excess Embraer airplanes.

Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335