Investments: “nuclear” aspect

09.07.2008 // Information Department of Balakovo NPP

The Council for Formation of Investment Programs and Monitoring of Economic Efficiency of Capital Investments of Rosenergoatom Concern has met at Balakovo NPP

Representatives of Rosenergoatom Concern, Atomenergoprom, Atomenergoproekt, TsNIIATOMINFORM, Stroysoft Group and a number of other organizations and companies as well as financial and economic planning executives of Rosenergoatom nuclear power plants took part in the meeting.

Balakovo NPP was represented by the deputy director for capital construction Vasily Kuzmin, who pointed out the importance of solving the problems concerning the sphere of capital construction especially in the light of the launch of the federal target program for the development of the nuclear power industry of Russia in 2007–2015.

Kuzmin pointed out that the planning of the capital construction strategy was impossible without the constant monitoring and assessment of the economic efficiency of the construction of nuclear power plants.

Balakovo NPP has two big investment projects. One of them is already underway: the plant is extending the lives of the 1st, 2nd and 3rd units. The second project — the continuation of the construction of the 5th and 6th reactors – is being discussed.

The key topic of the meeting was a very important question – the necessity to create a system of pricing in the field of construction. The chairman of the Council, the executive for investment programs management of Rosenergoatom Concern Gennady Sakharov said that without such a system it would be very difficult to ensure the economic efficiency of the large-scale development program. As much as 120bln RUR will be invested in the sector this year alone and each year this amount will be redoubled.

The Council decided to set up a working group for pricing in the field of construction. The group will comprise representatives of Rosatom companies.