— Nizhniy Novgorod NPP will be built on the basis of NPP-2006 project

Public hearings on the preliminary version of the environmental impact assessment of the construction and operation of the 1st and 2nd units of Nizhniy Novgorod Nuclear Power Plant will be held in Nizhniy Novgorod region on Sept 4 2009.

Nizhniy Novgorod Nuclear Power Plant will be built on the basis of the NPP-2006 project. The automated process control system we have designed for this project meets all modern requirements.

Our digital safety control system, developed for the project, implies a wide range of control functions, high flexibility in case of changing algorithms and functions, high diagnosis capacity, high precision of measurement, quickness, reliability, easier operability, lower energy consumption and enhanced operating efficiency. This all proves that the reactors that are being built on the basis of the NPP-2006 project are very safe. I would like to remind you that the NPP-2006 project is based on the NPP-92 project, which was certified in Europe in 2007.

As regards the safety systems, they have display control and additional emergency monitoring solutions meeting all international standards.

Analysis of the energy balance in Nizhniy Novgorod region have shown that:

— in 2007 the shortage of power generating capacities in the region was 1,800MW;

— in 2020, if no additional power facilities are built, the shortage will grow to 4,000MW.

This proves that the region needs a nuclear power plant.

The preliminary site is situated near the village of Monakovo, Navashino district. The plant will consist of two units with a total capacity of 2,300MW. The necessity of the construction of Nizhniy Novgorod region has been confirmed by a special survey. In 2007 the energy shortage in the region totaled 1,800MW, in 2010 it is expected to grow 4,000MW.

The project will involve almost 8,000 people, the proceeds from profit tax will total 40bln RUR, property tax – 50bln RUR, land tax – 1bln RUR, transport tax – almost 50bln RUR.