14:03 08.11.2018

Turboatom, Westinghouse extend memo of cooperation in nuclear energy sphere

2 min read
Turboatom, Westinghouse extend memo of cooperation in nuclear energy sphere

Kharkiv-based JSC Turboatom and Westinghouse have extended a memorandum of understanding in the nuclear energy sphere for one year.

The press service of National Nuclear Generating Company Energoatom reported that the document was signed on November 7, 2018 by Turboatom Director General Viktor Subotin, Westinghouse Vice President and Managing Director Aziz Dag and Energoatom President Yuriy Nedashkovsky during the international fuel and energy forum held in Kyiv.

"The memorandum of understanding with Turboatom includes cooperation under the Ukraine-EU Energy Bridge Project. According to the memorandum, Turboatom will provide products and services for the turbine part of the project. Yesterday, the expansion of the current memorandum for another year was signed," Dag told Interfax-Ukraine.

As reported, Westinghouse within cooperation with Turboatom continues to discuss preparations for the implementation of programs to increase the installed capacity of VVER power units and the capability utilization index, while activation of cooperation is possible when launching the Ukraine-EU Energy Bridge Project.

The government decided to implement the Ukraine-EU Energy Bridge pilot project in June 2015. The project envisages organizing the transmission of power from reactor two of the Khmelnytsky NPP to the EU power grid. The funds received from electricity exports from this reactor are planned to be used to finance the construction of reactors three and four of the Khmelnytsky NPP.

A consortium of companies, consisting of Westinghouse Electric Sweden AB, Polenergia International S.àr.l. and EDF Trading Limited, announced their intention to participate in the project of arranging the Ukraine-EU energy bridge.

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