The Russian state-run civil nuclear corporation Rosatom plans to increase its overall revenue five times to $75 billion by 2030, Rosatom head Sergei Kiriyenko said on Monday.
"Our revenue has grown 150 percent in the past five years. We have set a serious target to quintuple it by 2030. We have overall revenue of $15 billion today and want to reach $75 billion," Kirienko told Prime Minister Vladimir Putin at an official ceremony of the launch of the fourth unit at the Kalinin nuclear power plant in central Russia.
The unit has a total capacity of 1,000 MW and will be operated at half capacity for the time being. Its construction began in 2007 and cost 70 million rubles (about $3.5 million).
In turn, Putin said the Russian civil nuclear power industry generated 170 billion kW/hr of electricity last year.
"This is the best result we've ever had," Putin said.
Kiriyenko said this year the nuclear power sector would produce 172 billion kW/hr of electricity while Rosatom intended to channel over $300 billion in investment projects in the next twenty years, including the construction of 38 new nuclear power units in Russia and 28 units abroad.
