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Russia seeks to unfreeze nuclear plant project in Bulgaria

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kristopher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-15-10 04:56 PM
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Russia seeks to unfreeze nuclear plant project in Bulgaria
Russia seeks to unfreeze nuclear plant project in Bulgaria

Russia tried Saturday to unfreeze a long-stalled project for a new 2,000-megawatt nuclear power plant in northern Bulgaria, reiterating readiness to fund the project directly or through loans, AFP informed.
"Russia has the finances and readiness to implement the Belene nuclear power plant project in a way that will suit the Bulgarian side to the maximum, either through ensuring funding, loans, or equipment," Russian Prime Minister Vladimir Putin said after talks in Sofia.

Bulgaria already contracted Russia's Atomstroy export to build the plant but lack of clarity about the project's total cost and the withdrawal last year of German utility RWE, which held a 49-percent stake in the plant, has forced Sofia to mull dropping the deal unless it finds a new strategic investor...

http://www.focus-fen.net/index.php?id=n235202
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