Mochovce

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Sberbank to Lend $1.1 Billion to Slovakia's Largest Power Company

Wednesday, June 11, 2014

Slovensko Elektrarne Will Have to Buy Russian Nuclear Exports

MOSCOW—Russia's largest lender Sberbank (SBER.MZ +0.11%) has agreed to provide a loan of €870 million ($1.18 billion) to Slovenske Elektrarne, some of which Slovakia's largest power company will have to spend on Russian nuclear exports, the companies said Tuesday.

The deal signed Monday follows a memorandum of understanding the two parties sealed at an international business forum in St. Petersburg in May, which came against a backdrop of cooling relations between Russia and the West over Ukraine crisis.

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Enel Nuclear Building Permit Violated Law, Slovak Court Says

Monday, August 26, 2013

Slovakia’s nuclear watchdog violated the law when it issued a building permit for Enel SpA’s 3.7 billion-euro ($5 billion) nuclear project because Greenpeace wasn’t allowed to comment, the Supreme Court ruled.

The Italian utility’s local unit, Slovenske Elektrarne AS, in 2009 began building two new reactors at the Mochovce nuclear power plant after receiving a permit by the Office for Nuclear Supervision. The high court asked the regulator to repeat the proceeding and include Greenpeace, according to the June 27 ruling posted on the office’s website today.

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Enel Says Slovak Project at Risk as Expansion Costs Rise

Wednesday, May 29, 2013

Enel SpA’s nuclear power plant expansion in Slovakia is at risk unless the east European country’s government “quickly” approves a plan to increase financing for the project, the company’s Slovak unit said.

Works at two additional reactors at the Mochovce site operated by Enel’s Slovenske Elektrarne AS may be halted unless its owners agree to boost spending by 800 million euros ($1.03 billion), Jana Burdova, a spokeswoman for the company, in which Enel has 66 percent, said in an e-mailed statement today. The project’s “complexity and a need to meet the latest safety standards” boosted building costs.

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Enel’s Mochovce Project Faces Delay, Higher Costs, Sme Says

Friday, February 1, 2013

The construction of two new reactors at Mochovce nuclear plant by Enel SpA’s Slovak unit will cost more than planned and will be delayed by two years, Sme reported, citing Economy Minister Tomas Malatinsky.

The project is set to be completed by 2015, compared with the original deadline of 2013, while costs are expected to rise to 3.7 billion euros ($5 billion) from the originally estimated 2.8 billion euros, the newspaper quoted Malatinsky as saying.

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Tvel, Slovenske Elektrarne Agree on Fuel Supplies to Slovak Npps

Thursday, November 20, 2008

Nov 17 (Interfax) - The Russian nuclear fuel producer TVEL and Slovenske Elektrarne signed two long- term contracts on the production and delivery of fuel to Slovak nuclear power plants on Monday, an Interfax correspondent reported from the signing ceremony.

Slovenske Elektrarne Director General Paolo Ruzzini and TVEL President Yuri Olenin are signatories to the document. The ceremony took place at the TVEL Machine-Building Plant.

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Nuclear project under way

Thursday, November 13, 2008

Projected cost of Mochovce's completion has ballooned

10 Nov 2008 Beata Balogová Business - JUST weeks after the government approved its strategy on energy security, which is intended to guide policy for the next 20 years or so and which defined nuclear energy as one of its key pillars, Slovakia’s dominant power generator started the construction phase of two further blocks at the Mochovce nuclear plant.

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Enel says committed to $3.8 bln Slovak investment

Tuesday, November 4, 2008

MOCHOVCE, Slovakia, Nov 3 (Reuters) - Italy's utility Enel SpA plans to spend around 90 billion crowns ($3.8 billion) in Slovakia through its 66 percent-owned power generator Slovenske Elektrarne, Chief Executive Fulvio Conti said on Monday.

Conti said the company may reassess other Slovak investment plans worth another 20 billion crowns.

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Slovak generator launches nuclear plant tender

Tuesday, August 26, 2008

BRATISLAVA, Aug 25 (Reuters) - Slovak power firm Slovenske Elektrarne (SE) has launched a tender to find a builder to finish two new blocks at the Mochovce nuclear power plant, it said in the Official Journal of the European Union on Monday.

The power generator, managed by Italian utility and 66 percent shareholder Enel, said bidders should submit letters of interest by Sept 18. It said it expected final bids would be due on Dec 8.

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Slovakia worries nuclear plant may be delayed

Wednesday, August 13, 2008

BRATISLAVA, Aug 12 (Reuters) - Slovakia is worried power generator Slovenske Elektrarne (SE) may be late finishing a second nuclear power plant, a delay which could damage the economy, Prime Minister Robert Fico said in remarks carried by a newspaper on Tuesday.

Fico asked SE, 66-percent owned by Italy's utility Enel, to present a detailed timetable of work on the two 440 MW blocks at the Mochovce nuclear plant, which should be completed in 2012-2013 at a cost of 1.6 billion euros.

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Russian Company Retains Contract to Supply Nuclear Fuel to Slovakia

Wednesday, July 16, 2008

Bratislava, 16 July: Russian open joint-stock company TVEL has maintained its position in Slovakia, having won the tender for the supply of nuclear fuel for five power-generating units of the local Mochovce and Bohunice nuclear power plants until 2015, management company Slovenskie Elektrarne has reported.

These plants were built to Russian design and equipped with VVER-440 reactors.

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