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25
August
2022

Govt submits bill on corporatization of Energoatom to Rada – company president

KYIV. Aug 25 (Interfax-Ukraine) – President of the state-owned enterprise National Nuclear Generating Company Energoatom Petro Kotin has said that the company is preparing for corporatization and that the Ukrainian government has already submitted the bill on the specifics of the creation of the National Nuclear Energy Generating Company Energoatom to the Parliament.

As reported in the Energoatom Telegram channel, he informed the G7ambassadors and other officials of foreign diplomatic missions about this at a meeting in Kyiv on Wednesday, August 24.

In addition, Kotin outlined plans for the development of Energoatom and the state of implementation of joint projects with U.S. Westinghouse.

"We have put an end to any dependence on Russia. First of all, it concerns the rejection of its nuclear fuel, technologies, services and components. At the same time, we are strengthening cooperation with our long-term partner Westinghouse: we will purchase nuclear fuel for all Ukrainian nuclear power plants and build nine new power units based on AP1000 technology," he said.

As reported, in September 2021, Energoatom and Westinghouse signed a memorandum on the construction of five nuclear power units in Ukraine. At the beginning of June 2022, the companies signed agreements to increase the number of nuclear power units to be built using AP 1000 technology in Ukraine from five to nine units, and to establish the Westinghouse Engineering and Technology Center in the country.