Energy, EU – Baltic States, Legislation, Lithuania, Nuclear power plant

The parties had waived all previous and existing claims which delayed the project’s implementation by five to six years, as compared to the initial schedule, the INPP said in a press release.

“The contractor was performing works under a schedule that was legally non-binding hence the INPP had no possibilities to apply any sanctions for delays. The supplement to the agreement puts in place a schedule of B1 project implementation, with stringent interim performance targets and the final deadline. If the schedule is not complied with, the INPP will have the right to apply late charges,” the press release quoted INPP CEO, Darius Janulevicius, as saying.

In line with the new project implementation schedule, hot testing should be completed in the middle of 2017 and the storage facility should be put in operation in the fall of that year.

The total value of the project, i.e. 193.5 million euros, remains unchanged.

It has been reported that GNS has already manufactured 154 spent nuclear fuel casks. Four of the casks have been delivered to Visaginas, but they are not fit for use and one is defective.

The Ignalina plant and the German consortium signed the decommissioning contract back in 2005, but it has been repeatedly modified to push back completion deadlines.