Ukrainian Energy Minister German Galushchenko has said he hopes that the deepening of cooperation between Ukraine's National Nuclear Energy Generating Company Energoatom and U.S. nuclear power company Westinghouse will help strengthen Ukraine's energy security.
According to Ukrinform, the Ukrainian Energy Ministry reported this after a meeting of Galushchenko and Energoatom's management with Westinghouse's management.
"The deepening of Energoatom's partnership with Westinghouse will help strengthen our country's energy security. We will expand our cooperation with the American company with a focus on our country's energy security and independence," the energy minister was quoted as saying.
According to the report, the implementation of Ukraine's European integration aspirations and joint projects with the possibility of involving U.S. financial institutions was discussed at the meeting. The leaders of Energoatom and Westinghouse also signed a letter of intent that confirms the agreements reached and outlines new areas of cooperation in the future in other areas, in addition to the completion of new NPP units.
Energoatom and Westinghouse on August 31 signed a memorandum to build a power unit of the Khmelnytskyi NPP as a pilot project and then four more power units with a total cost of up to $30 billion.
In June this year, Energoatom and Westinghouse signed a contract for the development and provision of license documentation for VVER-440 fuel assemblies for Unit No. 2 of the Rivne Nuclear Power Plant.
In September 2020, Energoatom and Westinghouse signed a new contract for the supply of fuel for VVER-440 reactors to Ukraine.