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Rosatom's Paks nuclear project in Hungary delayed

Staff Writer | October 7, 2017
Rosatom's 12.5 billion euros ($14.7 billion) project to build two nuclear reactors in Hungary has been delayed by at least a year.
Nuclear energy   A $14.7 billion project
Hungarian minister Janos Suli told a conference that the Paks nuclear project would be delayed by 22 months because of European Union regulatory hurdles but the government was working to shorten the delay.

A government official on Friday confirmed his comments, which were reported on state news agency MTI.

Suli said the two Russian VVER 1200 reactors could come online in 2026 and 2027 respectively, a year later than outlined in a 2015 government presentation.

He also said that Rosatom still plans to start work on the site's auxiliary buildings in early 2018 and that, once permits are secured, construction of the reactors could start in 2020.

Suli said the application for the construction permit - originally scheduled for end-2017 - will be submitted mid-2018 and that approval could take up to 15 months.