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Paks starts project to prepare for expansion

The Paks Nuclear Power Plant has established a project to prepare for the plant's expansion, communications director István Mittler told MTI on Tuesday.

The Lévai Project - named after its author - will ensure financing for the expansion, establish a framework for it, prepare tenders, and lay down technical and trade conditions, Mittler said.

An environmental impact study will be carried out as part of the project, as will assessments of changing consumer demand in the years after 2020, the regional energy market, and the need for network developments and regulation, he added.

The project will be directed by a body made up of the management of Paks and its parent, the state-owned Hungarian Electricity Works (MVM).

Parliament voted in March in a sweeping majority to support preparations for the plant's expansion.

The Paks plant meets about 40% of Hungary's demand for electricity. (MTI-ECONEWS)