POWER SUPPLY INDEPENDENCE
Baltic Countries Are Building Nuclear Power Plant
Prime Ministers of Poland and Lithuania signed an agreement on co-building of new nuclear power plant
Prime Ministers of Poland and Lithuania signed an agreement on co-building of new nuclear power plant. The value of the project is 4 billion euro.
The nuclear power plant will be built in Lithuani, in the town of Ignalina, and the building should be finished by 2015, bankamagazine.hr says.
Powersupply independence from Russia
Intensive negotiations between two countries lasted till the end of 2006. This project makes it possible for unhindered development of economy and power supply independence from Russia.
The new power plant will replace two nuclear reactors located in Lithuania, one of which was already closed down, and the same is planned for the other one within the period of two years.
It was agreed that Lithuania's part in the ownership will be 34 per cent, while Poland, Latvia and Estonija will have 22 %.