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Nuclearelectrica is negociating with the Chinese partners  for the projects for unit 3 and 4 of the Cernavoda unit

The general manager of Nuclearelectrica Cosmin Ghita  stated on Friday in a press conference in Cernavoda that for the moment  the company is in a stage of negotiation of the contract for the development of units 3 and 4 of the Nuclear Centra in Cernavoda with the Chinese partners.

‘With  regard to units 3 and 4 we are for the moment in negotiation with our Chinese partners,we have received a new mandate of 6 months for negotiations on the part of the shareholders,  which was approved on 2 March 2018’ Cosmin Ghita said.

The general manager Nuclearelectrica said that such a contract has several aspects which need to be negotiated.

The development of the new nuclear  unit in Romania has been under discussion since  2003.

The study of feasibility made by Deloitte& Touche and presented to the Board Council of Nuclearelectrica in March 2006 identified as optimal solution for the unit 3 and 4 in CNE Cernavoda the setting up of a Project Company made up of local and foreign investors.The Romanian government demonstrated its commitment for this project when it announced on 14 September 2006 the completion of the two new units in Romania.

Units 3 and 4   have been under conservation since 1992. The total rate of finalisation is 15% at unit 3 and 14% for unit 4,being made up of civil works for the reactor building,the turbine building and the services  building.

Through the government decision no.643/2007,the Romanian government approved the strategy for drawing investors with a view to making units 3 and 4 in CNE Cernavoda including the schedule for the setting up of a new company responsible for the finalisation of the project. Following the presentation of the offers,  6 companies were selected for the project,each investor getting a percentage of the total number of shares, proportionally to the invested capital: Nuclearelectrica (51%), ArcelorMittal Romania (6.2%),CEZ the Czech Republic (9.15%),GDF Suez Belgium (9.15%),ENEL Italy (9.15%),Iberdrola Spain(6.2%) and RWE Power Germany (9.15%).

On 29 March 2009 the company for project under the name of SC EnergoNucler SA was registered with the Registrar of Commerce and was  named as managerial team.EnergoNuclear is a company with public-private capital.

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