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The upgrade of the Paks nuclear plant is key to Hungarian energy security and to honouring the country’s environmental protection targets, János Süli, the minister without portfolio in charge of the Paks upgrade, said at his annual hearing before parliament’s sustainable development committee.
The investment’s conclusion is conditional on permissions granted by the Hungarian Atomic Energy Authority, he said. Russian Rosatom, the general contractor, has taken on the investment for a fixed price of 12.5 billion euros, possible delays notwithstanding, he said.
Meanwhile, green opposition LMP at a press conference slammed the upgrade as “indefensible” which has “practically already failed”, and called on the government to back out to minimise losses. The minister himself isn’t sure when the necessary permissions will be issued, what the costs will be and when the site will be operational, LMP parliamentary group leader László Lóránt Keresztes said.