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Feasibility study for Mochovce by May 2007

THE ITALIAN power utility Enel, the new owner of a 66-percent stake in Slovak dominant power company Slovenské elektrárne (SE), is very interested in completing the third and fourth blocks of the nuclear power plant in Mochovce, the SITA news agency reported.

"We think everybody sees the potential benefits of this project. Enel and the Economy Ministry have agreed upon a shared programme related to the completion of a detailed feasibility study of the third and fourth reactors of the nuclear power plant Mochovce," Enel's press department told the SITA news agency.

The Slovak Economy Ministry said that the feasibility study, which is due by May 2007, would specify the security, financial, and technical parameters of the completion, as well as set out a timetable.

According to Economy Minister Jirko Malchárek, the completion of the plant is advantageous even in the current economic conditions. He assured the press that the government would in no way be involved in the completion of Mohovce.

"The project is also viable without government support," said the minister.

He suggested that the finishing of the Mochovce blocks is certain if current economic parameters are preserved.

"As the future 34-percent owner of SE the government will approve the completion," said Malchárek.

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