Belarus completes ratification of protocols of amendments to nuclear plant construction contract
<p> MINSK, Dec 10 - PrimePress. Belarus has completed ratification of the protocols to amend the agreements between the governments of Belarus and Russia on the construction of the Belarusian nuclear power plant (BelNPP, Astravyets, Grodno Oblast) and on granting a targeted export credit. The relevant laws were published on the National Legal Internet Portal on December 10. </p> <p> </p> <p> The laws were adopted by both chamber of Belarus’ parliament and signed by president Alexander Lukashenko. </p> <p> </p> <p> As previously reported earlier, two protocols on amendments to the Belarusian-Russian intergovernmental agreements were signed in Moscow on 14 July 2020: the 15 March 2011 agreement on cooperation in BelNPP construction and the 25 November 2011 agreement on granting the government of Belarus a state export credit for BelNPP construction (a $10bn loan covering 90% of the cost of the BelNPP construction contract). </p> <p> </p> <p> The first protocol provides for a 12-month shift in the deadlines for commissioning the BelNPP: the first unit will be launched in 2021, second unit - in 2022. </p> <p> </p> <p> According to the second protocol, the term of availability of the Russian loan for BelNPP construction was extended by two years - until the end of 2022, and the start date of repayment of the principal debt was postponed till April 1, 2023 (previously April 1, 2021). The repayment period of the loan is 15 years. </p> <p> </p> <p> Previously it was planned that the repayment of the loan would start 6 months after the commissioning of the nuclear power plant, but not later than 1 April 2021. The repayment was scheduled in thirty equal instalments every six months. </p> <p> </p> <p> According Atomstroyexport (Russia’s general contractor for the Belarusian nuclear energy project), the actually cost of the BelNPP project will not exceed $6 billion. End </p>
2020-12-11
Primepress
MINSK, Dec 10 - PrimePress. Belarus has completed ratification of the protocols to amend the agreements between the governments of Belarus and Russia on the construction of the Belarusian nuclear power plant (BelNPP, Astravyets, Grodno Oblast) and on granting a targeted export credit. The relevant laws were published on the National Legal Internet Portal on December 10.
The laws were adopted by both chamber of Belarus’ parliament and signed by president Alexander Lukashenko.
As previously reported earlier, two protocols on amendments to the Belarusian-Russian intergovernmental agreements were signed in Moscow on 14 July 2020: the 15 March 2011 agreement on cooperation in BelNPP construction and the 25 November 2011 agreement on granting the government of Belarus a state export credit for BelNPP construction (a $10bn loan covering 90% of the cost of the BelNPP construction contract).
The first protocol provides for a 12-month shift in the deadlines for commissioning the BelNPP: the first unit will be launched in 2021, second unit - in 2022.
According to the second protocol, the term of availability of the Russian loan for BelNPP construction was extended by two years - until the end of 2022, and the start date of repayment of the principal debt was postponed till April 1, 2023 (previously April 1, 2021). The repayment period of the loan is 15 years.
Previously it was planned that the repayment of the loan would start 6 months after the commissioning of the nuclear power plant, but not later than 1 April 2021. The repayment was scheduled in thirty equal instalments every six months.
According Atomstroyexport (Russia’s general contractor for the Belarusian nuclear energy project), the actually cost of the BelNPP project will not exceed $6 billion. End