Rosatom plans to enter service, maintenance market for foreign-designed NPP by 2030
MOSCOW. June 1 (Interfax) - Rosatom state corporation is considering possibly entering the service and maintenance segment of foreign-designed nuclear power plants (NPP) by 2030, according to the draft annual report of JSC Atomenergoprom, which consolidates the civilian assets of the nuclear industry.
In order to strengthen its positions in service and maintenance markets, Rosatom has initiated and continues to work on localization in key regions by creating partnerships and joint ventures with local market participants or by forming subsidiaries, the draft annual report said.
Specifically, a joint venture between JSC Rusatom Service and Hungary's MVM Group-European Power Services Ltd. began operations in 2020 to service and maintain the Paks and Paks-2 NPP in Hungary, as well as NPP with VVER reactors in the countries of Central and Eastern Europe.
There are plans in 2021 to register and launch operations of a similar subsidiary in Belarus in order to service the Belarusian NPP, as well as operate in adjacent markets.
Rosatom currently provides service and maintenance for NPP throughout the entire life cycle. The state corporation's main service markets are foreign countries with Russian-designed power units that are currently in operation or are under construction in Armenia, Bangladesh, Belarus, Bulgaria, Hungary, Egypt, India, China, Slovakia, Turkey, Finland, and the Czech Republic.
The portfolio of serviced and maintained power units in 2020 comprised 49 power units of Russian-designed NPP abroad.
