Enel delays decision on involvement in nuclear project company

Monday, October 11, 2010

Italian utilities company Enel will decide on its involvement in the nuclear project company, set up by the Romanian state with major European partners to complete the 3rd and the 4th reactors of Cernavoda nuclear plant, when the reforms in the power generation sector become predictable. The decision depends critically on the alteration of the market regulations besides the setting up of the two state power companies in the generation sector, Enel officials told Bloomberg agency quoted by local media. We recall that the Czech utilities company CEZ decided earlier in September to pull out of the project company for the nuclear reactors.

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