Romania's Nuclearelectrica approves investment decision for EUR 4.9 bln Doicesti SMR project
The shareholders of Romanian nuclear group Nuclearelectrica (BVB: SNN), where the state holds a 82.5% stake, have approved on February 12 the final investment decision in the Small Modular Reactors (SMR) Project from Doicesti, according to…
iulian ernst · Journalist
· Updated · 3 min read
The shareholders of Romanian nuclear group Nuclearelectrica (BVB: SNN), where the state holds a 82.5% stake, have approved on February 12 the final investment decision in the Small Modular Reactors (SMR) Project from Doicesti, according to a company’s note to investors.
A budget of about USD 600 million is estimated for the next stage of the project, estimated to take 15 months, while the entire project is expected to cost around USD 4.9 billion with a wide approximation of +/-20%-30%, according to Profit.ro, citing documents from the Ministry of Energy, the project company, and Nuclearelectrica.
