The new nuclear plant project in Lithuania is hit by first delays

August 7, 2007 at 10:35 am 1 comment

Ignalina N-PlantThe daily Verso Zinios has reported that a property appraiser and financial adviser required for the construction of new nuclear power plant in Lithuania will be hired by a commission to be set up by the minister of economy instead of the State Property Fund (SPF).  It means that the tenders should be announced in about a month behind the schedule.

The daily reports that several weeks ago the minister authorized SPF to announce a tender for the hiring of property appraiser that would evaluate the assets of three Lithuania’s companies due to take part in the construction project, i.e. Lietuvos Energija (Lithuanian Energy), the power utility, and two power grid operators – Rytu Skirstomieji Tinklai (RST) and VST.

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Entry filed under: Baltic States, Energy, Estonia, Latvia, Lithuania, Northern Europe.

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