UKRAINE: ENERHOATOM AND HOLTEC STRIKE DEAL
ON KNOW-HOW TO HANDLE SPENT NUCLEAR FUEL
Enerhoatom, Kyiv, Ukraine, Sunday, March 30, 2008 (in Ukrainian)

KYIV - The President of the national nuclear power-generating company
Enerhoatom Yury Kovryzhkin and President and CEO of Holtec International
(USA) Kris Singh signed an agreement on the implementation in Ukraine of
technologies to handle spent nuclear fuel at the country's three NPPs.

The contract envisages construction of infrastructure required for the
implementation of the American technology to handle spent fuel at NPPs
Rinvenska, Pivdenno-Ukrayinska and Khmelnytska.

This construction is not part of a project to build the Centralized dumpsite
for spent nuclear fuel. The signing of the project indicates the Ukrainian
government strong commitment to continue cooperation with Holtec
International.

REFERENCE:
In December 2005, Enerhoatom signed a contract with Holtec International,
the winner of a tender to build a centralized dumpsite for spent nuclear
fuel in Ukraine.

According to preliminary assessments, the construction of the dumpsite will
take three years, following a decision by the government on its location.
Initially the dumpsite will include 94 containers in which 2,500 fuel
assemblies for VVER-1000 and 1,080 assemblies for VVER-440 reactors
can be stored.

This is almost 20 percent of the total amount of spent nuclear fuel at the
three NPPs, Khmelnytska, Rivnenska and Pivdenno-Ukrayinska, including the assemblies currently in use.

Public hearings are held all over Ukraine on the construction of the
Centralized dumpsite for these three NPPs.


http://www.energoatom.kiev.ua/ua/news/nngc?_m=pubs&_t=rec&id=19103
Translated into English for the U.S.-Ukraine Business Council (USUBC).