President of JSC TVEL Yuri Olenin and President of NNECG Energoatom (Ukraine) Yuri Nedashkovsky signed in Moscow the contract for the supply of nuclear fuel to Ukrainian nuclear power plants in 2009. Part of the fuel will be produced with the use of Ukrainian uranium.

In the near future TVEL and Energoatom are planning to sign a long-term contract for supply of nuclear fuel to Ukrainian nuclear power plants after 2010.

Olenin and Nedashkovsky also discussed the possibility of building in the territory of Ukraine a joint venture for production of fuel assemblies of Russian design. This is required by the long-term fuel supply contract.

The companies have signed such a contract each year.

Note:

The cooperation of TVEL and NNEGC Energoatom was established in 1996, when TVEL won an international tender for supply of nuclear fuel of Ukrainian NPPs. In 1997 the parties concluded contracts for delivery of fuel assemblies till 2010, inclusive.

TVEL Corporation is one of the world’s leaders in nuclear fuel production. It is part of Atomenergoprom, an integrated holding consolidating the civil assets of Russia’s nuclear industry. TVEL supplies nuclear fuel to 74 reactors of different types in Russia and 14 countries of Europe and Asia. The fuel manufactured by TVEL is used by nuclear power plants of Armenia, Bulgaria, Hungary, Germany, China, Lithuania, the Netherlands, Slovakia, Ukraine, Finland, the Czech Republic, Sweden, Switzerland. In fact, each 6th reactor in the world uses fuel fabricated by TVEL. The Corporation also supplies nuclear fuel for 30 research reactors in Russia and abroad and to propulsion reactors of the Russian Navy and civil fleet.

NNEGC Energoatom is the key nuclear operator of Ukraine. It was set up Oct. 17 1996 by the Cabinet of Minister's act and is subordinate to the Ministry of Fuel and Energy of Ukraine. Four nuclear power plants, ARS, «Atomkomplekt», «Scientific and Technical center», «Atomenergomash» and «Administrative department» are the separated entities (structural units) of NNEGC Energoatom. In line with the Law of Ukraine «On Nuclear Energy Utilization and Radiation Safety» Energoatom is entrusted with the functions of the operating body in charge of all Ukrainian NPPs. Besides, Energoatom is engaged in construction of new power units and rehabilitation of those in operation, purchase of the fresh (new) nuclear fuel and removal of radioactive waste, establishing the national infrastructure of spent fuel and radioactive waste management, physical protection of nuclear facilities, retraining, qualification upgrading, resolution of the social problems of the employees, etc.
 

Information and PR Center of NNECG Energoatom, PR Department of TVEL Corporation