The state-owned enterprise National Nuclear Power Generating Company Energoatom and the American electrical engineering company Westinghouse electric have signed a memorandum on the joint construction of nuclear power units.
"I welcome the signing of a memorandum between NNEGC Energoatom and Westinghouse electric on the joint construction of the Khmelnitsky NPP as a pilot project, and further - 4 more units on their technology. The total cost of the project is up to $30 billion," wrote President Zelensky.
Westinghouse electric has been around since 1886 and has been designing nuclear power units since the beginning of the 21st century.
The corporation controls up to 50% of the world's commercial power units and 31% of the nuclear fuel supply market.
Westinghouse has been operating in the Ukrainian market since 1992 as a service provider for the modernization of safety systems of the Ukrainian reactor fleet and a supplier of fuel for nuclear power plants.