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©THE HEREN REPORTS - Romania shortlists 13 companies for a stake in Cernavoda NPP extension
2010-04-06
Romania has announced that 13 companies will compete for a stake in building units 3 and 4 of the Cernavoda nuclear power plant (NPP). These include Belgium’s Electrabel, Gabriel Resources from Canada; German giants E.On and RWE; Italy’s Enel; KHNP from South Korea; US company AES and Romania’s Electrica Bucharesti. Three consortiums have also bid, including Canada’s AECL and Italy’s Ansaldo, another with Romania’s Asam-Tess Conex and an international consortium between Luxembourg’s Unit Investments and several Turkish companies. Both companies involved in constructing unit 2 for 2007 have also been short-listed: Canada’s AECL as part of a consortium, and ALRO Slatina. A total of 15 companies originally expressed interest, but Romania’s AFEN and Cerna Hora from the Czech Republic did not meet the criteria, according to Nuclearelectrica’s spokeswoman. The companies were shortlisted are prepared to invest more than EUR 50 million in developing the new units, and must have “the financial, technical and managerial resources needed to support the project”, according to Nuclearelectrica. This will buy companies a stake in a joint venture company formed to design, construct and operate the units. Nuclearelectrica, a state-owned company formed to develop and operate nuclear power in Romania, will continue to operate Cernavoda as Romania’s only NPP, and will take a leading role in the extension. This is expected to cost between EUR 394 million and EUR 640 million, depending on how many units are constructed. However, a spokeswoman for the company said that it was unclear what stake this will buy, as it depended on the number of companies that were chosen. She was not able to say when the chosen companies would be announced. Units 3 and 4 of Romania’s Cernavoda power plant will each have a capacity of 720 MW, and are expected to be operational by 2012. This will provide 36% of Romania’s power needs. In 2005, Romania generated 54.8 TWh, and exported 4.5 TWh (imported 1.6 TWh). Romania is expecting its power generation deficit to worsen from 2006 onwards, and if no action is taken, by 2015 this is expected to equate to 2,854 MW of generation capacity. With the expansion at Cernavoda, nuclear power is forecast to generate a third of Romania’s power by 2015. (THE HEREN REPORTS - EDEM 10124 / 29 June 2006)

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