GE to supply turbines for Paks II

18 January 2018

GE Hungary, a subsidiary of US General Electric, has won a €792.8m ($970m) contract to manufacture and supply the turbines for Paks 5&6 in Hungary, RIA Novosti reported on 16 January, citing the procurement website of Russian state nuclear corporation Rosatom.

A GE spokesperson told NEI "After the evaluation of the bids received, we have been selected as the preferred bidder on the tender called for the design and delivery of the turbine-generator set with its auxiliary systems for Paks II."

Russia is supplying two VVER-1200 pressurised water reactors for Paks-II under an inter-governmental agreement signed in 2014, which also includes a Russian state loan of up to €10.0bn to finance 80% of the project. Hungarian companies are expected to take on about 40% of the work. Four operating Soviet-supplied VVER-440 reactors, which started up between 1982 and 1987, already account for more than half of Hungary's electricity production.

GE Hungary in a consortium with Alstom Power Systems (also part of GE) was awarded the contract by Rosatom's engineering subsidiary ASE Group following a tender. Russian equipment company Power Machines also took part. ASE passed an audit as general contractor of the Paks II project in May 2017. Construction work on the project scheduled to start shortly.

General Electric is expanding its participation in Rosatom’s international projects, Ria Novosti noted. Alstom Power Systems is supplying supply a turbine unit for the Hanhikivi-1 NPP, which is planned to be built in Finland with the participation of Rosatom. Turbine Technologies AAEM (a joint venture of the engineering division of Rosatom Atomenergomash and General Electric) entered into an agreement with Alstom Power Systems for the manufacture of turbine equipment for the Akkuyu NPP planned for Turkey.

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