26. February 2007 at 18:49

SE to complete Mochovce nuclear power plant

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SLOVAKIA’S dominant power producer, Slovenské Elektrárne (SE), is to complete the third and fourth blocks of the Mochovce nuclear power plant (EMO).

The Italian firm Enel, which holds a 66-percent stake in SE, made the decision 10 months after entering SE.

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"Construction at Mochovce should begin in the second half of this year," Prime Minister Robert Fico said on February 23 following a meeting with the head of Enel, Fulvio Conti.

EMO's third and fourth blocks could begin producing electricity in 2012. SE is to invest Sk62-63 billion in completing Mochovce, Conti said.

Fico said the government would not participate in the project financially.

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