The Freeland File
Aerospace & Defense
Global Market Data
Lucy P. Marcus
David Cay Johnston
The Great Debate
Macro & Markets
Lipper Awards 2012
Personal Finance Video
Photos of the week
Our best photos from the past week. Slideshow
Images of September
Cambodia's quixotic former king Sihanouk dies in Beijing
In second debate, Obama faces challenges on key issues
14 Oct 2012
Pakistani schoolgirl shot by Taliban sent to UK for treatment
Satellite burns up following SpaceX rocket glitch
12 Oct 2012
German city battles elusive new-look neo-Nazis
11 Oct 2012
Democrats frustrated by Obama’s ”Big Bird” campaign turn
Biden and Ryan in high-stakes election debate
Jobless claims fall to lowest in four and a half years
Poland sticks to plan to build $15.8 billion nuclear power station
Poland bets on state development bank to revive economy
Sat, Oct 13 2012
Iran may still be years away from any nuclear-armed missile
Tue, Oct 2 2012
UPDATE 2-Poland's Polimex signs vital $2 bln power deal
Fri, Sep 21 2012
Analysis & Opinion
Preview-Soccer-England seek to thwart injury-hit Poland again
Kudankulam’s neighbours weigh nuclear power fears against living standards
Nuclear Power »
Mon Oct 15, 2012 3:13am EDT
WARSAW (Reuters) - Poland will pursue its plan to build the country's first nuclear power station, a government member said on Monday, playing down suggestions from commentators that the 50 billion zlotys ($15.8 billion) investment might be scrapped.
The nuclear program, run by Poland's top utility PGE, was not mentioned in Prime Minister Donald Tusk's policy speech on Friday, which enumerated a number of planned investments in infrastructure to boost a slowing economy.
The government's plan for the power sector assumes spending around 60 billion zlotys by the end of the decade on eight new power units in Turow, Opole, Pulawy, Blachownia, Stalowa Wola, Jaworzno, Kozienice and Wloclawek.
"There will be an additional 50 billion zlotys on the power station, but this investment decision, the choice of technology, this will come only in 2015," Treasury Minister Mikolaj Budzanowski told broadcaster TVP Info.
He added the company managing the nuclear project has just started to seek a location for the power station, a process which should end in 2015 as well.
European Union member Poland wants to develop nuclear power to reduce its dependence on highly polluting coal. It aims to launch a 3 gigawatt nuclear plant by 2023 and double that capacity by 2030.
U.S.-Japanese group GE Hitachi, France's Areva and Westinghouse, a U.S. unit of Japan's Toshiba, have all signaled interest in supplying technology for the project. ($1 = 3.1588 Polish zlotys)
(Reporting by Maciej Onoszko; editing by Keiron Henderson)
Related Quotes and News
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Be the first to comment on reuters.com.
Add yours using the box above.
Back to top
New York Legal
Support & Contact
Connect with Reuters
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
About Thomson Reuters
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.