Italian energy giant Enel and its Russian partner Inter Rao Ues reached a preliminary accord Monday to study the feasibility of building a nuclear reactor in Kaliningrad.
Enel boss Fulvio Conti and Inter Rao Ues's acting chairman Boris Kovalchuk signed a memorandum of understanding as Italian and Russian prime ministers Silvio Berlusconi and Vladimir Putin met at Villa Gernetto in the town of Lesmo, northeast of Milan
The plant in Russia's Baltic exclave would be the first product of a public-private partnership involving Russia's nuclear energy sector, the companies said in a joint statement.
It would have two 1,170-megawatt reactors and use third-generation VVER 1200 technology, the statement said.
The plant would become operational between 2016 and 2018, and much of the energy produced would be exported to neighbouring European countries.
Enel will study the technical, economic and regulatory aspects of the project, according to the MOU, which also covers cooperation in the areas of research and distribution.
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