Economy

Holtec considering Turboatom as site to produce equipment for waste nuclear fuel facility - Energoatom

U.S. Holtec International is mulling the issue of producing some equipment for the centralized waste nuclear fuel facility at the production facilities of public joint-stock company Turboatom (Kharkiv), the press service of National Nuclear Generating Company Energoatom has reported.

"Within the next four or six months Holtec and Turboatom plan to sign a memorandum of understanding. It would define the volume of services, technical specifications, requirements to training, transfer of technologies and other aspects of cooperation. According to the U.S. company, the cost of services which Turboatom would be able to provide to Holtec in the next 10 years could be around $200 million," reads the report.

As reported, Energoatom and Holtec International signed an agreement on the construction of the centralized waste nuclear fuel facility in 2005.

The companies signed a supplementary agreement on January 26, 2015, under which Energoatom will design and build the facility, while Holtec will supply equipment.

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