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Nov 21, 2017

Paks upgrade will meet the highest safety standards

For the upgrade project, 40 percent of the suppliers will be selected from Hungarian companies via public procurement, in a transparent way

A senior official behind the Paks nuclear power upgrade has confirmed that the two new blocks will meet the highest safety standards.

Kirill Komarov, the first deputy CEO of Russia's energy company Rosatom, said the blocks will meet rigorous safety standards specified after the Fukushima disaster.

According to MTI, Komarov announced that for the construction project, 40 percent of the suppliers will be selected from Hungarian companies via public procurement, in a transparent way.

János Süli, the minister in charge of the project, said that the preparatory work would begin in 2018 and the construction itself in 2020.

Hungary signed the agreement on the construction of the two blocks by Rosatom in January 2014. Russia is lending Hungary 10 billion euros to cover 80 percent of the project’s costs.