A NUCLEAR power plant funded by Russian President Vladimir Putin has been quietly approved for construction in Hungary by the European Union (EU).
Express 18th Nov 2016 read more »
The European Commission has ended proceedings against Hungary over the award of a contract to Russia’s Rosatom to expand the Paks nuclear plant, although it is still investigating the country’s funding for the project. The Commission said in a filing that its infringement proceedings had closed on Nov. 17. EU rules allow public procurement without call for competition if the contract can only reasonably be given to one company. Hungary has said that no supplier other than Rosatom would have met the government’s demand of keeping the plant in Hungarian state ownership permanently. Hungary plans to build two Russian VVER 1200 reactors for a total budget of 12.5 billion euros ($13.2 billion), of which 80 percent will be financed by Russia and 20 percent by Hungary. The project, fully owned by the Hungarian state, plans to start building the reactors in 2018 and aims to complete the first one in 2025, and the second in 2026.
Reuters 18th Nov 2016 read more »
As European Commission officials struggled to defend their decision to allow Hungary to skirt public tender requirements and award a multi-billion euro contract to Russia’s state-owned nuclear power company, a major U.S.-based energy company said Friday that it wanted the work but was denied the opportunity to bid. Westinghouse Electric Company, which is one of the world’s leading manufacturers of nuclear reactors, said that it could have met Hungary’s order for two new reactors and prepared eagerly to submit a bid, but was then stunned to learn in 2014 that Budapest had awarded the deal on a sole-source basis to Kremlin-owned ROSATOM. Jávor Benedek, a European member of Parliament from Hungary, who is a member of the Green party and a longtime critic of nuclear energy, said the Commission’s conclusion was absurd and that he was demanding further investigation into Oettinger’s connections to Mangold and to the Paks II project.
Politico 18th Nov 2016 read more »