Russia to Build Nuclear Plant in Kaliningrad

Wednesday, August 27, 2008

Russia's nuclear energy monopoly Rosatom has agreed on construction of a new power plant in Russia's European exclave of Kaliningrad, the company said.

Rosatom chief Sergei Kiriyenko inked the deal Wednesday, Aug. 27, for the construction of the plant about 120 kilometers (75 miles) from the capital of the Baltic Sea exclave between Poland and Lithuania.

The plant will have two reactors with a total capacity of 2,300 megawatts by the first stage of construction in 2015.

When plans for the plant were announced in April, Kiriyenko highlighted the export potential of the project.

The Rosatom head also said the company was prepared to allow up to 49 percent of the plant to be held by foreign investors.

But the plan for a nuclear plant in the European enclave has provoked protests among neighboring countries over environmental and safety concerns.

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