— Do you run a developing country where you’d like to build and operate nuclear reactors, but you just don’t have the expertise or the money? Then you could turn to Russia for an all-in-one 60-year bargain. State nuclear power company Rosatom “is offering a special package deal to build and operate nuclear power stations abroad in a bid to win business from developing countries, a company official was quoted on Monday as saying,” Reuters reports. “The offer to ‘Build, Own, Operate’ (BOO), also includes financing to countries seeking to build nuclear plants.” Rosatom, which competes against the likes of Toshiba’s Westinghouse subsidiary and France’s Areva to construct reactors around the world, has in the past handed over the day-to-day operations of finished reactors to utilities. Now, it’s offering to hang around onsite after completion. “Under the BOO model, Rosatom not only builds the nuclear plant, but also owns it and runs it for up to sixty years,” Reuters writes, citing French publication Le Figaro. “Rosatom also delivers nuclear fuel to the plants.” “With this model, we are fully responsible for the plant’s security,” Le Figaro quoted Rosatom deputy CEO Nikolai Spassky as saying. Spassky said that Turkey is already following… Read full this story
- North Korea Begins Building Advanced Nuclear Armed Ballistic Submarine
- Vladimir Putin's popularity slumps as coronavirus ravages Russia and country sees more than 10,000 new infections for second day in a row
- Norwegian Chief of Defence Slams Country's Operational Capability, Preparedness
- US Unveils Strategy to Restore Its Global Nuclear Energy Leadership Amid Competition With Russia
- Russia Unique in Being Able to Use Fast Breeder Reactors in Nuclear Industry
- Moscow Studying US Aspirations for Squeezing Russia Out of Nuclear Technology Markets
- From the archive, 30 April 1986: Russia admits blast as death fears rise
- REVEALED: First coronavirus case on the USS Kidd emerged 30 DAYS after their last port visit - raising questions over whether the virus incubation period is longer than 14 days
- North Korea’s nuclear weapons advancements under the 3 Kims
- It Is Complicated: Nuland Speaks on US, NATO Relations With Russia
Russia to emerging countries: We'll build, operate your nuclear reactors have 338 words, post on www.zdnet.com at May 13, 2013. This is cached page on Vietnam Art News. If you want remove this page, please contact us.