INTERNATIONAL FUND AGREES EURO 70 MILLION GRANTS FOR RUSSIAN NUCLEAR CLEAN-UP
July 1st, 2008
BY KEITH NUTHALL
A FUND managed by the European Bank for Reconstruction & Development (EBRD) has agreed to grant aid Euro 70 million four projects cleaning up nuclear contamination in north-west Russia.
As manager of the Northern Dimension Environmental Partnership (NDEP) Support Fund, the EBRD signed the funding agreements with Rosatom, the Russian State Corporation for Atomic Energy. The largest contract is worth Euro 43 million and covers dismantling a former service ship's damaged spent nuclear fuel and radioactive waste. The five-year project will ...
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