The tender for the extension of the cooling canal system at the Paks nuclear power plant, a key safety investment, has been declared invalid, which will further delay the project, already behind schedule by at least two years, local media reported on September 28. Hungary is expanding its sole nuclear power plant in Paks, which accounts for 40% of the electricity produced in the country. Based on a 2014 intergovernmental contract, Hungary picked Rosatom for the largest ever investment. The €12.5bn project is being financed from a €10bn Russian loan.
BNE Intellinews 1st Oct 2018 read more »