SwedPower signs consortium contract to run down Ignalina

Vattenfall’s consulting company SwedPower will be involved in the phase-out of the Ignalina Nuclear Power Station in Lithuania. The company is part of a consortium of European consulting firms that, following long and intensive negotiations has now signed a contract for the deal.

The project comprises management services for the closedown and demolition of Ignalina, block 1. SwedPower will be responsible for the following main parts of the project:

– Modernization of Waste Handling and Storage for Solid Waste.

– Replacement Heating and Steam Plant.

– Modernization of the Technical Documentation Archives.

“This hi-tech project is one of several assignments in Lithuania. It will give SwedPower good references for further expansion in Lithuania and for international assignments in this field in the future,” says Jan-Inge Gidlund, Managing Director of SwedPower International AB.

Over 50 companies competed for the project, including two other Swedish consultancies. The consortium that was awarded the deal includes, apart from SwedPower, the British company National Nuclear Corporation Limited and the Belgian company Belgatom (Tractebel), which will be supported by the German company Steag. Phase One of the contract is worth $11.07m (approximately SEK 120m). SwedPower’s share of this sum is SEK 27.5m.

The project is being financed by the European Bank for Reconstruction and Development (EBRD), and the contract now signed covers phase one, which primarily concerns preparations for closing down block 1 (2001-2004).

Ignalini is one of the oldest soviet-era nuclear reactors, which are being phased-out with the help European finance. The UK has pledged à‚£83m to help tackle a range of nuclear problems faced by states in the former Soviet Union and Eastern Europe over the next three years. à‚£2m of this has been designated to help pay for the decommissioning of reactors at Kozloduy in Bulgaria and Ignalina in Lithuania which cannot be upgraded to acceptable standards.

No posts to display