Business news from Ukraine

ENERGOATOM TO RAISE EUR11.6 MLN TO PURCHASE EQUIPMENT FOR UNIT 6 AT ZAPORIZHIA NPP

17 June , 2015  

KYIV. June 17 (Interfax-Ukraine) – State enterprise Energoatom has announced a tender to open a credit line worth EUR11.574 million to finance the supply of SHEM-M drives and special tools for the sixth power unit at Zaporizhia nuclear power plant (NPP).

According to an announcement in the public procurement bulletin, the deadline for filing applications to participate in the tender and opening bids is July 7, 2015.

Loan funds will be raised for six years from the date of signing a loan agreement. The expected value of the purchase is UAH 102.582 million.

As reported, in October 2014 a contract was signed for the supply of SHEM-M electromagnetic upgraded stepper drives produced by Skoda for power unit No.6 of Zaporizhia NPP. The document follows the successful operation of similar drives at power unit No. 3 at Rivne nuclear power plant and block number 1 at Zaporizhia NPP. SHEM-M drives are also successfully operated at blocks numbers 1, 2, and 3 at Yuzhnoukrainsk nuclear power plant.

Previously, Energoatom repeatedly raised loans from Czech Export Bank to finance the purchase of Skoda equipment for its NPPs.