DELHI - The portfolio of orders Russia's state nuclear power corporation Rosatom will have to fulfill within the next ten years stands at over $100 billion, Rosatom head Sergei Kiriyenko has told reporters.
“Given the recently signed agreements, including a contract signed with Hungary on Tuesday and contracts signed [with India] today, our portfolio of foreign orders for the next ten years exceeds $100 billion,” he said.
The corporation’s portfolio of orders stood at $74 billion at the end of 2013, he said.
“Contracts worth $5 billion were implemented this year. Our portfolio is improving because we have fulfilled contracts and received these proceeds. We would have had $69 billion for this year. We set a super-ambitious objective to reach $98 billion, but we set it before sanctions and all other restrictions. After sanctions were introduced, very few people believed that we would be able to cope with this task. But we did even better than we expected. Our signed portfolio of orders totals $100.3 billion today,” Kiriyenko said.
“As for the number of units, if we count our signed and confirmed contracts, it is 27 units that we have in our portfolio today,” he said. The average cost of building one power-generating unit amounts to at least $5 billion, he added.
Kiriyenko said earlier that the geography of NPP projects had changed in favor of emerging markets, whereas earlier the majority of power-generating units had been built in the United States and Europe, where Germany, Italy and France wanted to develop their own programs.
The highest demand for new nuclear power plants is registered today in Southeast Asia, China, India, Malaysia, Thailand, Vietnam, Indonesia, as well as countries in North Africa.
