The construction of a nuclear power plant in Belarus with Russian assistance will start in September, according to comments made by Sergei Kiriyenko, head of Rosatom, the Russian nuclear industry. During a meeting with Belarusian Prime Minister Mikhail Myasnikovich, he said that a US$6-7m credit agreement will probably be signed in June.
"The contract will envisage that the construction of the first unit will be finished by 2017, but given that we can speed up the process, it may be finished by 2016," Kiriyenko said.
Preparation of the site has been in progress for several months and Russian state engineers have already begun drafting the station's design. Five days ago, Vladimir Putin said that Russia would provide Belarus with a US$6bn loan to finance the project. According to reports from the Russian media, the four-reactor power plant is expected to be fully completed by 2025.