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Paks II project advancing 'according to plan'

Power

Work on the upgrade of Hungary's Paks nuclear power plant is "proceeding according to plan", the local unit of Russia's Rosatom, the general contractor for the project, told regional news agency Paks-Press on Monday.

"Rosatom has always fulfilled and is fulfilling all of its contractual obligations," Rosatom Central Europe told Paks-Press.

The state of Russia is financing 80% of the cost of building two more blocks at the Paks nuclear power plant which accounts for about half of domestic electricity generation.

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