BUCHAREST, Oct 9 (Reuters) - U.S. construction and
engineering firm AECOM will lead an $8 billion project
to add two reactors at Romania's nuclear power plant on the
river Danube and refurbish one of its existing units, Romania's
Economy Ministry said on Friday.
Romanian Economy Minister Virgil Popescu and U.S. Energy
Secretary Dan Brouillette signed a draft intergovernmental
cooperation agreement in Washington on Friday for the
refurbishment and the building of two new units.
Romanian state-owned nuclear power producer Nuclearelectrica
ended talks with China General Nuclear (CGN) about
the construction of the two reactors in June after they had
dragged on for six years.
The firm currently has two 706 megawatt reactors, which
account for roughly a fifth of Romania's power production and
which use Candu technology, from Canada's Candu Energy, owned by
SNC Lavalin Group.
"This fulfils a strategic mission, identifying partners from
NATO states for Units 3 and 4," Minister Popescu said.
"The agreement we signed ... today allows us to have
American technology and expertise for Units 3 and 4, but also
for refurbishing Unit 1, while keeping Candu 6 technology."
U.S. Ambassador Adrian Zuckerman said AECOM will coordinate
the project, which will involve Romanian, Canadian and French
Nuclearelectrica's manager Cosmin Ghita said Friday's draft
agreement, which set the main elements of project development
and involved parties will be sent to the European Commission for
approval. He added CANDU 6 technology will be used for future
Nuclearelectrica, in which Romania's economy ministry has an
80% stake, has a market capitalisation of 4.95 billion lei
Popescu also said Romania could secure a $7 billion
financing package from Exim Bank U.S. for energy and
infrastructure projects, including nuclear energy and LNG, roads
and railroads and gas deposits.
($1 = 4.1167 lei)
(Reporting by Luiza Ilie; Editing by Marguerita Choy)