HOME / OTHER NEWS / LITHUANIAN PRESIDENT PASSES NUCLEAR BILL

Lithuanian president passes nuclear bill

Thursday, 5 July 2007

[ITAR-Tass, 4 July] Lithuanian President Valdas Adamkus signed into law on 4 July a bill for the construction of a new nuclear power plant in the country. The previous day, Adamkus met with the heads of the state security agencies and the special investigation service, together with the heads of the state control agency, the council for competition and other agencies, to consult on the implications of new build at the Ignalina plant. The bill was approved by the government on 28 June. Under the law, a company will be established for the construction of the plant, with the status of "national investor". The new company, which will be created by the end of 2007, will incorporate the single electricity transmission system operator Lietuvos Energija, together with two electricity providers, the Western and Eastern power grids. The company will select partners and finance the building process. As host country, Lithuania will hold a 34% stake in the project, with the remainder expected to be held equally between Estonia, Latvia and Poland. An agreement on the construction of the plant is expected to be signed by the prime ministers of the Baltic states and Poland in Vilnius on 6 July.

[ITAR-Tass, 4 July] LithuanianPresident Valdas Adamkus signed into law on 4 July a bill for theconstruction of a new nuclear power plant in the country. The previousday, Adamkus met with the heads of the state security agencies and thespecial investigation service, together with the heads of the statecontrol agency, the council for competition and other agencies, toconsult on the implications of new build at the Ignalina plant. Thebill was approved by the government on 28 June. Under the law, acompany will be established for the construction of the plant, with thestatus of "national investor". The new company, which will be createdby the end of 2007, will incorporate the single electricitytransmission system operator Lietuvos Energija, together with twoelectricity providers, the Western and Eastern power grids. The companywill select partners and finance the building process. As host country,Lithuania will hold a 34% stake in the project, with the remainderexpected to be held equally between Estonia, Latvia and Poland. Anagreement on the construction of the plant is expected to be signed bythe prime ministers of the Baltic states and Poland in Vilnius on 6July.

Further information

WNA's Nuclear Power in Lithuania information paper

WNN: Lithuania adopts law on new reactors
WNN: Sweden & Poland linked to Lithuanian NPP
WNN: Poland joins Ignalina, Czechs consider