Ukraine’s Turboatom and US-based Westinghouse have extended a memorandum of understanding in the nuclear energy sphere for one year. The press service of Ukrainian nuclear utility Energoatom said the document was signed on 7 November by Turboatom Director General Viktor Subotin, Westinghouse Vice President and Managing Director Aziz Dag and Energoatom President Yuriy Nedashkovsky during an international fuel and energy forum held in Kyiv.
"The memorandum of understanding with Turboatom includes cooperation under the Ukraine-EU Energy Bridge Project. According to the memorandum, Turboatom will provide products and services for the turbine part of the project. Yesterday, the expansion of the current memorandum for another year was signed," Dag told Interfax-Ukraine.
The government decided to implement the Ukraine-EU Energy Bridge pilot project in June 2015. The project envisages organising the transmission of power from unit 2 at the Khmelnytsky NPP to the EU power grid. The funds received from electricity exports from this reactor are planned to be used to finance the construction of units three and four at the plant. A consortium of companies, including Westinghouse Electric Sweden, Polenergia International and EDF Trading Limited, announced their intention to participate in the project of arranging the Ukraine-EU energy bridge.