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SE Signs Contracts Worth €2 bn to Complete Blocks 3 and 4 at Mochovce
Monday 29 March 2010 Zoom in | Print page
Mochovce, March 29 (TASR) - Electricity utility Slovenske Elektrarne (SE) has to date signed contracts worth €2 billion to complete blocks 3 and 4 at the Mochovce nuclear plant (Nitra region), SE general manager Paolo Ruzzini told journalists during an inspection visit by Prime Minister Robert Fico to Mochovce on Monday.
Ruzzini added that Slovak firms and Slovak branches of foreign companies have contracted more than half (58 percent) of this sum, while Czech companies (mostly technology suppliers) come next with some 25 percent of the value of the contracts.
The budget for completing two reactor blocks at the plant was set at €2.775 billion. Currently, 1,800 people are working on both blocks, with the number expected to reach 3,500 as of July.
SE launched work to complete blocks 3 and 4 at Mochovce in November 2008. The third block is set to be up and running in the autumn of 2012, while the fourth should be ready eight months later.
SE is owned by Slovakia's National Property Fund, which holds a 34-percent stake, and Italian company Enel SpA, which owns 66 percent. The Italian investor took over SE in April 2006.
During his inspection visit to Mochovce, Premier Fico asked Enel representatives to draw up a situation report jointly with the Slovak Government. The report should serve as a useful tool for the new cabinet. "I want to make sure that the new premier will be informed of work on the power plant's completion as objectively as possible," said Fico. Chief of Enel's international division Carlo Tamburi confirmed that the Italian investor is ready to work on the report.
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