Rosatom to award Czech firms EUR 4.8bn contracts if it wins Temelin tender.

By bne IntelliNews October 25, 2011
Russian state-owned nuclear company Rosatom said it will award Czech companies contracts of up to CZK 120bn (EUR 4.8bn) if the consortium led by Atomstroyexport and Skoda JS wins the tender for building two new reactors at Temelin nuclear plant, Ceska Pozice reported citing Rossatoms chief Sergei Kirienko. Atomstroyexport and nuclear engineering firm Gidropress, also part of the consortium, are owned by Rosatom. Skoda JS is owned by Russian machine engineering firm OMZ, which in turn is controlled by Gazprom Bank of Russian state-controlled gas giant Gazprom. The Russian-Czech consortium is competing for the Temelin expansion with Frances Aveva and US Westinghouse. Czech majority state-owned energy company CEZ, the operator of Temelin, said that by the end of October bidders will receive the tender documents so they can start preparing their offers. CEZ wants to select a contractor in 2013 and have the new reactors running by 2025. Kirienko, who is on a two-day visit to the Czech Republic, said Rosatom will sign cooperation agreements with 12 Czech companies, as the largest deal will be signed with machine engineering firm Vitkovice Holding. Kirienko promised that 70% of the work on the Temelin expansion will be awarded to local companies, compared to just 30% to be offered by Aveva and Westinghouse, according to him.

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