You're reading: Russia, Ukraine to set up consortium to produce equipment for nuclear power plants

Ukraine's nuclear power plant state operator Energoatom and Russia's Atomenergomash, controlled by the state nuclear energy corporation Rosatom, have reached an agreement to set up a consortium to launch local production of equipment for nuclear power plants.

The agreement was reached by the Russian-Ukrainian working group for atomic machine-building in Moscow and is expected to be signed in October at the next meeting of the working group in Ukraine, Atomenergomash has said.

Ukraine plans to finish the construction of the third and fourth power generating units of the Khmelnytsky Nuclear Power Plant with Russia’s assistance. The new consortium will be responsible for launching the domestic production of equipment, including production for this project.

While getting new contracts to build nuclear power plants abroad, Rosatom is opting for broader cooperation with local companies and high localization, including in building equipment, Rosatom chief Sergei Kiriyenko said at the Atomexpo forum in early June.

The first such experience was gained during the construction of the Koodankulam Nuclear Power Plant in India.

"We have the same position in the Czech tender. I hope we will sign a similar contract with or partners in Ukraine," he said.

Earlier reports said that the Czech-Russian consortium Skoda, ZAO Atomstroiexport and the Gidropress design bureau, which are taking part in a tender to build the Temelin Nuclear Power Plant in the Czech Republic, are proposing a localization of up to 70%.