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Hungary Signs Construction Timetable for Paks II

Construction

Construction of Paks II in progress

Photo by Paks II

Hungary signed a timetable for the construction of another two blocks at the Paks nuclear power plant on Tuesday, according to a report by state news wire MTI.

Speaking in Paks at a joint press conference with Alexey Likhachev, the CEO of Rosatom, the general contractor for the project, Minister of Foreign Affairs and Trade Péter Szijjártó said the blocks would start operating "at the beginning of the 2030s" on the basis of the timetable.

He noted that in addition to the 94 Hungarian companies working on the project, ones from the United States, Germany, France, Sweden, and Austria were also involved.

Likhachev said Rosatom had put its "best experts" in charge of managing the project in light of strict requirements and European regulations. He acknowledged that the international environment was "not the friendliest" for Rosatom, but said the company would work "to the maximum degree" to implement the project in spite of external pressure.

He also pointed to the international nature of the project and said the number of foreign companies involved would grow.

He said the two blocks would be handed over at the beginning of the 2030s, adding that delivery of fuel rods for the additional capacity would also be ensured.

He said Rosatom was prepared to partner with Hungary on all projects involving nuclear energy in the future. 

Szijjártó said energy supply was "neither a matter of politics nor ideology" for Hungary, but an issue of "physical reality".

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