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Rosatom’s Foreign Portfolio Reaches USD 66.5 Billion

By David Dalton
13 November 2013

Rosatom’s Foreign Portfolio Reaches USD 66.5 Billion
Construction at the Russian-built Tianwan nuclear plant in China.

13 Nov (NucNet): Rosatom’s portfolio of foreign orders reached 66.5 billion US dollars (USD) (about 49.5 billion euros) in 2012 against USD 50.9 billion in 2011, according to the Russian state-owned nuclear corporation’s annual report.

The report said the portfolio of foreign orders includes USD 28.9 billion for the construction of nuclear power plants, USD 24.7 billion for the export of uranium products and USD 12.9 billion for the export of nuclear fuel and “other foreign activities”.

In the report Rosatom said it had set a target for a 2013 of achieving a foreign portfolio valued at USD 72 billion.

“As part of strategic planning for 2030 Rosatom sets an objective for the construction and commissioning of up to 30 power units abroad,” the report said.

The report said nuclear power plants in Russia produced 177.3 billion kilowatt hours of electricity in 2012, 2.7 percent higher than in 2011. This was the highest figure for any year that Russia has had nuclear power plants in commercial operation, the report said.

According to the International Atomic Energy Agency, Russia has 33 nuclear reactor units in commercial operation and 10 under construction.

Rosatom said it is building 28 nuclear reactor units, 19 of which are outside Russia, including projects in China, India, Belarus and Bangladesh.

Last month Rosatom won the tender process for the construction of Jordan’s first nuclear power plant. Earlier this year Finnish utility Fennovoima Oy chose the Russian 1,200-megawatt AES-2006 type pressurised water reactor design for the planned Hanhikivi-1 nuclear power plant at Pyhäjoki in northern Finland.

Rosatom, which incorporates more than 250 enterprises and scientific institutions, also said it has increased uranium production by seven percent in 2012 compared to 2011 and has plans to “significantly increase” this in the coming years.

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