Atomstroyexport

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Atomstroyexport
Type Joint Stock Company
Industry nuclear technology
Founded 1973
Headquarters Moscow, Russia
Key people Sergei Shmatko, CEO
Products nuclear reactors
Services construction of nuclear power and research projects
Parent Atomenergoprom
Website http://www.atomstroyexport.ru/

Atomstroyexport (Russian: Атомстройэкспорт) is the Russian Federation's nuclear power equipment and service export monopoly. It belongs to Atomenergoprom holding with 49.8% of shares owned by Gazprombank. The activities of Atomstroyexport are financially supported by the Russian government. The CEO of Atomstroyexport is Sergei Shmatko.[1]

Projects on abroad[edit]

The Russian nuclear vendor is building the first reactor power unit in Iranian Bushehr nuclear power plant located 400 kilometres (250 mi) southwest of Tehran under a US$1 billion contract signed in 1995.[citation needed] In 2007, AtomStroyExport signed a memorandum of understanding with Ciner Insaat Ticaret ve Sanayi to promote its VVER-design pressurized water reactors in Turkey. In Bangladesh, proposals have been prepared to resurrect the potential Rooppur nuclear power plant. In the UK, Atomstroyexport would consider partnering with a Western manufacturer for a new UK builder.[1] In Morocco, Atomstroyexport is considering participation in construction of a nuclear power plant at Sidi Boulbra.[2]

In late October 2006, the offer of Atomstroyexport for construction of the Belene Nuclear Power Plant in Bulgaria, using third-generation VVER-1000/V-446B reactors, was approved. The first unit would be in operation by 2013 and the second a year later.[3][4] On 28 March 2012 the Bulgarian government announced the withdrawal from the Belene project due to a negative report regarding the viability of the future power plant and the lack of another major European or American investor.

Between 1999 and 2007, Atomstroyexport constructed the Tianwan Nuclear Power Plant in China, which consists of two VVER reactors with 1,060 MW each, and has signed an agreement for construction of units 3 and 4. Unit 5 to 8 are firmly planned.[5]

On 19 February 2008, Atomstroyexport signed a cooperation agreement with Technopromexport, a Russian exporter of other large-scale power generation types, on the construction and management of power projects in Russia and abroad.[6]

On 14 December 2009, Atomstroyexport bought Nukem Technologies for 23.5 million Euros, adding nuclear power plant decommissioning, waste management and engineering services to its portfolio.[7]

Atomstroyexport will build 4 reactors in Ninh Thuận, Vietnam. The reactors are slated to open one each year from 2021-4. An 8 billion US$ loan has been extended by the Russian state.[8]

References[edit]

  1. ^ a b "Russian push for new business continues". World Nuclear News. 2008-01-03. Retrieved 2008-01-06. 
  2. ^ "Emerging Nuclear Energy Countries. Briefing Paper 102". World Nuclear Association. 2010-09-27. Retrieved 2010-10-10. 
  3. ^ Цанев, Белчо (2006-10-31). "Дадоха “Белене” на руснаците" (in Bulgarian). Standart News. Retrieved 2006-10-31. 
  4. ^ "Europe approves of Belene plan". World Nuclear News. 2007-12-10. Retrieved 2008-01-06. 
  5. ^ "Russia and China deal on uranium, enrichment and power". World Nuclear News. 2007-11-09. Retrieved 2008-01-06. 
  6. ^ "Russian power giants join forces". World Nuclear News. 2008-02-21. Retrieved 2008-02-23. 
  7. ^ "Atomstroyexport buys NPP decommissioning technology". Kommersant (RIA Novosti). 2009-12-25. Archived from the original on 5 January 2010. Retrieved 2009-12-26. 
  8. ^ "Russia to grant $8 bln loan to Vietnam to build first nuke plant". RIA Novosti. 2011-11-23. Retrieved 2011-12-03. 

External links[edit]