Business news from Ukraine

Business news from Ukraine

State enterprise “Energoatom” announced tender for MTPL insurance

State enterprise NAEK Energoatom (Kiev) on November 20 announced a tender for compulsory insurance of motor liability of owners of land vehicles (MTPL).
As reported in the Prozorro electronic public procurement system, the total expected cost is UAH 111.1 thousand.
The deadline for submitting tender documents is November 28.

 

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US Holtec may invite Energoatom specialists to build SMR-300 reactor at US NPP

American Holtec International has invited Energoatom specialists to join the project team that will work on the deployment of the SMR-300 small modular reactor (SMR) at the Palisades NPP site in the United States.

This was announced by Energoatom with reference to Holtec President and CEO Chris Singh on its Telegram channel on Wednesday.

“Participation of Energoatom representatives at the stages of construction, testing and commissioning of SMR at the Palisades NPP site (USA) will allow the company to gain experience for further implementation of this technology in Ukraine,” the NNEGC noted.

According to Energoatom CEO Petro Kotin, the invitation of the company’s specialists to the Holtec project team is another evidence of the high confidence in Ukraine and Energoatom from strategic partners.

“We are pleased to receive this invitation, which demonstrates not only support in this difficult time for the country, but also recognizes the high professionalism and competence of our nuclear scientists,” he emphasized.

Earlier, Holtec received a $1.52 billion loan from the US Department of Energy to restart the Palisades NPP, with two SMR-300 reactors planned to be deployed at the plant.

As reported, Energoatom and Holtec have implemented a project for the construction and commissioning of the Centralized Spent Fuel Storage Facility in Ukraine (CSFSF).

The companies also reached an agreement on the implementation of two large-scale projects in Ukraine: the construction of a plant for the production of SMR components and the construction of a plant for the production of components for the Centralized SFSF, which have been produced in the United States until now.

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“Energoatom” launches 1000 MW nuclear power unit after repair

NNEGC Energoatom has connected a 1000 MW nuclear power unit to the Ukrainian power grid 12 days ahead of schedule, the company said.
“On October 1, after scheduled preventive maintenance, Energoatom specialists successfully connected a power unit of one of the nuclear power plants to the grid. The power is being ramped up. Thanks to the high-quality work of nuclear engineers, the unit was brought out of repair 12 days ahead of schedule,” the company said in a telegram on Tuesday.
It added that after the unit reaches full capacity, the power system will have plus 1000 MW of capacity.
“The repair campaign is entering the home stretch and by the start of the outage, all nine units located in the government-controlled territory will be ready to operate during the most difficult months. I thank the team for their excellent work in difficult conditions,” Energoatom CEO Petro Kotin said in a statement, emphasizing that the work is being performed efficiently and ahead of schedule.
As reported, after the occupation of the 6 GW Zaporizhzhya NPP on March 4, 2022, nine units at the South Ukrainian, Khmelnytsky and Rivne NPPs with a total installed capacity of about 7.8 GW have been operating in the Ukrainian power system.

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“Energoatom officially received land in Cherkasy region for NPP construction

Deputies of the Chigirinsky city council granted permission to develop a land management project for allotment of land plots for permanent use by NAEK Energoatom, the company reported in Telegram.

The matter concerns the transfer of land plots with a total area of 38.1493 hectares in the village of Orbita in Cherkassy region, where it is planned to build four units using AP1000 technology.

“Energoatom” intends to revive Orbita, making it one of the most modern towns like Netyshyn, Yuzhnoukrainsk or Varash. The successful realization of these plans, of course, represents a significant investment in the post-war recovery and support for the energy security of the state,” – said the head of NAEK Petro Kotin.

As reported, the site for the construction of a power plant in this area of Cherkassy region was prepared in the 1960s, and the decision to build a nuclear power plant there was made in the mid-80s, but was never realized.

In accordance with the Energy Strategy until 2050, Energoatom plans to build units No. 3-4 with VVER-1000 technology and No. 5-6 with AP1000 technology at the Khmelnitsky NPP site.

In September 2021, Energoatom and Westinghouse signed a memorandum on the construction of five NPP power units in Ukraine. In June 2022, the companies signed agreements to increase the number of nuclear power units to be built using AP1000 technology in Ukraine from five to nine units and to establish a Westinghouse engineering and technical center in the country.

In July 2022, the companies signed a contract to develop an updated feasibility study for the construction of two AP1000 units at the Khmelnytsky NPP site.

In December 2023, Energoatom and Westinghouse signed a contract for the purchase of a reactor plant for Ukraine’s first nuclear power unit based on AP1000 technology.

 

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NNEGC Energoatom to repair two more nuclear power units this year

NNEGC Energoatom is to repair two more nuclear power units this year in preparation for the upcoming heating season, said the company’s acting chairman of the board Petro Kotin.

“We have two more power units left to repair this year, which will be in the grid until November, and we will operate all nine units in the OOP, as we announced earlier,” Kotin said at a press conference during a visit to one of the nuclear power plants on Wednesday, answering questions from Energoreforma.

He also noted that the company managed to reduce the duration of repairs by more than 40 days to return the units to the grid faster.

“After the Russian occupation of Zaporizhzhia NPP, Energoatom has three nuclear power plants – Rivne, Khmelnytsky and South Ukrainian NPPs with a total capacity of 9 power units of 7.8 GW. The company indicated that the repair of one more of them, in addition to the above two, is likely to be postponed until next year.

Source: https://interfax.com.ua/

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“Energoatom” takes out £181 mln loan to buy enriched uranium

Last week, Energoatom signed a loan agreement for 181 million pounds with a consortium of international banks, including Deutsche Bank and Barclays Bank, the company said in a telegram on Tuesday.

The loan proceeds under the contract between Energoatom and Urenco will be used to finance the supply of nuclear materials – enriched and natural uranium hexafluoride.

The loan is for five years. The guarantee is provided by the UK government through the UK Export Finance (UKEF) export credit agency. No state guarantees are provided by Ukraine.

As reported, in November 2023, Energoatom and Urenco signed a contract for the supply of enriched uranium product for Ukrainian NPPs until 2035, with the possibility of its extension until 2043.

In addition, the parties have two contracts in place until 2025, under which NNEGC supplies the British company with nuclear materials.

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