i-Nuclear update: Lithuanian Parliament approves plans for Baltic states' Visaginas nuclear power plant

i-NUCLEAR

Lithuanian Parliament approves plans for Baltic states’ Visaginas nuclear power plant by I-Nuclear The Lithuanian parliament on June 21 approved the concession agreement for the Visaginas nuclear power plant, a planned 1,350-MW Hitachi-GE ABWR to be built at the Ignalina nuclear site. Parliament approved the concession agreement previously signed in March between Lithuania’s Energy Ministry and Hitachi. The law approving the agreement still has to be signed by Lithuania’s president. The regional partners for the Visaginas nuclear plant – Lithuania, Latvia and Estonia -- and the approved strategic investor, Hitachi, can now proceed with discussions on the establishment of the project development company, according to a statement from Lithuania’s Energy Ministry.