Russia prepares lending conditions for Belarus’ n-plant

MINSK, March 3 (Itar-Tass) - Russia has prepared the conditions for extending a loan for the construction of a nuclear power plant in Belarus, said Alexander Dybov, first vice-president of Atomstroiexport, the country’ s nuclear power equipment and service monopoly.

“We’ve prepared the payment schedule with annual interest rates and will hand it over to the Belarussian side on Thursday,” he said.

However, he did not disclose the size of the loan.

“We are discussing the sum. The Finance Ministry that has its plans and its budget should determine it,” Dybov said.

Meanwhile, he reiterated that Minsk requested a 9 billion dollar loan to build the nuclear power plant and necessary infrastructure.

The two countries reached a preliminary agreement on extending the loan, Dybov said.

Atomstroiexport plans to begin the plant’s construction in September 2011.

A 2.4MW nuclear power plant will be built in Belarus’ Grodno region. Earlier the project’s general contractor planned to launch the first power generating unit in 2016 and the second one in 2018.

At present, Atomstroiexport announced it would commission the first unit in 2017.


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