Rosatom Boosts Foreign Orders Portfolio to $74 Bln

MOSCOW, December 21 (RIA Novosti) – Russian state nuclear power corporation Rosatom said Saturday it had increased its current foreign orders portfolio to over $74 billion after signing a contract to build a nuclear power plant in Finland.

Rosatom signed on Saturday in Helsinki an expected deal with Finnish nuclear consortium Fennovoima on the construction of a 1,200-megawatt Hanhikivi-1 nuclear reactor in Pyhäjoki, northwest Finland.

The Hanhikivi project cost is estimated at 4-6 billion euros ($5.4-$8 billion), according to the Finnish consortium.

Rosatom will also take a 34 percent stake in Fennovoima and deliver nuclear fuel for the future NPP.

“As a result, Rosatom is now involved in the construction of 20 nuclear reactors around the world. Its overall contracts portfolio, including NPP construction, deliveries of nuclear fuel and enriched uranium, and other services will exceed $74 billion,” a Rosatom spokesman told RIA Novosti.


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