Rosatom offers emerging nations nuclear package: paper

Planet Ark 14 May 2013.

Russia’s state-owned nuclear company Rosatom is offering a special package deal to build and operate nuclear power stations abroad in a bid to win business from developing countries, a company official was quoted on Monday as saying.

The offer to “Build, Own, Operate” (BOO), also includes financing to countries seeking to build nuclear plants.

(Contributor’s note: Now that has a good ring to it – “BOO!” – Build, own, operate. This would be a world first – where a company is prepared to take on the risk of building, owning and operating a nuclear plant! I’ll believe this when I see it – more likely our Eskom will own and operate the nuclear plants and we, the taxpayers will take the risk – for the next 60 years.)

Rosatom, a major competitor for groups like Areva, Toshiba-owned Westinghouse and Japan’s Mitsubishi Corp. has built nuclear reactors abroad in the past, but has so far handed over their operation to domestic utilities…