Paks technical director Istvan Lenkei said that there was a planned investment of $400 million for the 4xVVER 440 plant, to increase capacity and to extend the plant’s life by 20 years.

The plant’s four units are currently to come to the end of their operating life by 2012-2017. The planning phase of the project, including obtaining the necessary permits from national and international authorities, should be completed by 2007, with works to be completed and the first block to receive its extended operation permit in 2012.