Belarus Thinks How To Share Rosatom's Loan

Expenses on the BelNPP are very opaque.

According to Deputy Prime Minister Uladzimir Siamashka, after the launch of the Astravets nuclear power plant, the government will "try to reduce" electricity tariffs for the real sector of the economy – at least up to 10 cents per kilowatt, BelSat reports. Today it's 11 cents. Almost a year ago, on May 30, 2017, Semashko spoke about plans to reduce these tariffs by 30%. This is 3.4 times more than he promises now.

"Expenses on nuclear power plants are very opaque. Some time ago we were told that it costs $ 10 billion, not so long ago I heard officials’ statements that they had only spent $ 2.5 billion. It can be said that now is not the best time for a nuclear power plant construction, because, for example, they planned to build three stations in America and projects were postponed. Taking into account low gas prices and the large prospects of shale oil, they considered that that was not profitable," – economic analyst Stanislau Ivashkevich says.