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Enel to decide on Mochovce completion by next summer

A FEASIBILITY study on completing the Mochovce nuclear power plant should be ready in April 2007.

Giancarlo Aquilanti of Enel, the new owner of power utility Slovenské elektrárne, which owns the plant, said that based on the results of this study, the company will decide whether to complete the remaining two reactor blocks at Mochovce, the SITA news wire reported.

"At the moment we cannot say that Enel is going to invest a billion into the completion of Mochovce," said Aquilanti, adding that a final decision could be expected by next summer.

If the Italian company decides to complete Mochovce it will announce a tender to select a general contractor, which will take about nine months. Aquilanti believes that work on the plant could start in 2008.

At the end of April, Enel acquired a 66-percent stake in Slovenské elektrárne after a privatization process lasting five years.

Compiled by Martina Jurinová from press reports
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