/ world today news/ “Russia will do everything for the successful implementation of the joint project with Finland for the construction of the Khanhikivi-1 nuclear power plant,” said the President of the Russian Federation Vladimir Putin at a press conference after the negotiations with his Finnish counterpart Sauli Niiniste.
“Today we discussed major projects, including in the field of energy, and the construction of the nuclear power plant. We are aware of the decisions that were taken by the Finnish Parliament and the interest of our partners. We will do everything for the realization of this project in accordance with the agreements reached,” Putin said. According to him, the Russian side has already started financing this project. “About 1 billion euros have already been paid,” added Putin.
The Khanhikivi-1 NPP will be built with a Russian VVER-1200 reactor under the NPP-2006 project and will start producing electricity in 2024. The plant will be built on Cape Hanhikivi in the Pühäjoki region. The project meets IAEA and EUR norms and will be adapted to Finnish national security requirements, which experts say are the strictest in the world.
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