Sevmash to start construction of floating nuclear power plant

Publish date: June 17, 2005

Russian Federal Agency on Atomic Energy decided to start constructing floating nuclear power plant at Severodvinsk Sevmash navy plant in 2006.

The State board of experts recognized the project as economically effective. According to estimates by the experts of the Russian Rosenergatom concern, the project will cover the expenses in eight years. Rosenergatom has got a license to place the plant in Severodvinsk and to build a floating power unit equipped with nuclear reactor installations. The construction schedule should be developed by October 21, 2005.