Energy ministry discusses construction of spent nuclear fuel storage facility with Merril Lynch, OPIC
Top managers of the Energy and Coal Industry Ministry of Ukraine have discussed construction of a centralized spent nuclear fuel storage facility with representatives of Bank of America Merril Lynch, the Overseas Private Investment Corporation (OPIC), an U.S. Government agency, and the U.S. Embassy in Ukraine, the ministry's press service has reported.
The meeting took place on June 8 in Kyiv.
"This project is special, as Energoatom is entering the U.S. stock market," the press service of the ministry said, referring to director of the nuclear policy and nuclear-industrial complex department Hryhoriy Plachkov.
As reported, the government of Ukraine approved the project for building a centralized storage facility for spent nuclear fuel from VVER power units of domestic nuclear power plants (NPP) for a total of UAH 37.217 billion, designed for 16.5 years and including 15 launching complexes, in the Chornobyl zone.