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Slovakia in nuclear power joint venture
A new nuclear power plant is set to be constructed at the Bohunice site in Slovakia after the country''s state-owned nuclear and decommissioning firm Javys signed a deal with Czech utility company CEZ.
Javys is set to hold a 51 per cent share in the deal, with CEZ holding onto the remainder of the project.
A feasibility study will be launched into the construction of a new reactor at the site, with work on the study scheduled for completion next year.
"The historical bonds maintained by the Slovak and Czech energy and nuclear industries of both countries are among the closest ones in the whole of Europe," said Jan Valko, chairman of Javys.
"Today we strengthen these bonds further by the... building of the nuclear power station that will contribute significantly to increase the [energy] independence of Slovakia and to reduce significantly the deficit of power production capacities in Slovakia."
The new reactor will act as a replacement for Bohunice units one and two, which are no longer in operation.
