Paks | Oil & Gas Feed

Hungary's Minister of Foreign Affairs and Trade Péter Szijjártó, said the upgrade of the Paks nuclear plant is on schedule, adding that the project would ensure Hungary’s energy security, preserve the utility bill caps and further boost environmental protection.

Hungarian Minister for Foreign Affairs and Trade Péter Szijjártó informed that with groundwork underway at the site of the planned sixth unit at the Paks nuclear power plant, a new project milestone has been reached.

Hungary's Energy Minister Csaba Lantos said the Paks II plant is now expected to be completed in 2032, which would be two years later than previously suggested. He also confirmed that Hungary plans to extend the operation period of the four-unit Paks nuclear power plant by another 20 years.