HOT TOP|Energy & Green Biz
Chris Johnstone|20.03.2012

Russian bidder offers ‘full financing’ for Temelín expansion

Rusatom Overseas, the foreign marketing arm of Russian state nuclear construction company Rosatom, has upped the pressure on its two rival bidders to build two new reactors at Temelín by saying it can finance the whole project if need be. Areva of France and Westinghouse, a US unit of Japan’s Toshiba, have refused to give such a commitment. The move puts pressure on ČEZ and the Czech state if financing becomes the key issue for Temelín’s expansion.

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