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. Last Updated: 07/27/2016

Kaliningrad to Get Nuclear Power Plant

The country will build an atomic power station in its European exclave of Kaliningrad and invite bids from foreign companies to buy up to 49 percent of the plant, the country's nuclear chief said Wednesday.

It plans to build the 2.3-gigawatt plant in the east of the Kaliningrad region, a tiny outpost surrounded by Lithuania, Poland and the Baltic Sea.

A special company will be created to manage the two-reactor plant and up to 49 percent of it could be sold to a foreign investor at a tender, Sergei Kiriyenko, chief of the Rosatom state nuclear corporation, told reporters.

The plant will be the first in the Kaliningrad region.

"We are ready to offer foreign companies, above all European companies, up to 49 percent of the Kaliningrad atomic power station," Kiriyenko said, according to comments supplied by his spokesman.