Minsk offered to direct the balance of the loan to the BelNPP for investment projects

MINSK, 4 Mar – RIA Novosti. Belarus is considering the possibility of using the remainder of the Russian state loan allocated for the construction of the BelNPP for other investment projects that are of interest to Minsk and Moscow, said Dmitry Kiyko, First Deputy Minister of Finance of Belarus.

“In the mid-term plans, the possibility of using the balance of the state export credit of the Russian Federation for the construction of the Belarusian nuclear power plant for the implementation of other investment projects of interest to both the Republic of Belarus and the Russian Federation is being considered,” Kiiko said in an interview with the publishing house “Belarus Segodnya” , which was posted on his website on Thursday.

Earlier, the Belarusian leader Alexander Lukashenko said that the saved funds of the Russian loan issued for the project to build the Belarusian nuclear power plant could be used in the republic, for example, for military needs. As the president noted, it was possible to save money on the construction of the station, including due to the lower cost of construction services, convenient logistics for the delivery of components in comparison with the construction of nuclear power plants using Russian technologies in other countries.

The Belarusian NPP is the largest Russian-Belarusian economic project; the general contractor for its construction is Atomstroyexport (part of Rosatom). For BelNPP, a Russian NPP design with VVER-1200 generation 3+ reactors was selected, which meets the highest international reliability and safety requirements. It is expected that the first unit of the BelNPP will be put into commercial operation in 2021, and the second in 2022.

The Russian side allocated a loan to Minsk covering 90% of the cost of the contract for the construction of the station in the amount of ten billion dollars.

Author: wedocount

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