Rosatom's TVEL Fuel Company is ready to supply nuclear fuel to the Bushehr Nuclear Power Plant

Press release

Published August 25th, 2015 - 11:23 GMT

Rosatom

Rosatom's TVEL Fuel Company is ready to deliver fresh nuclear fuel to the Bushehr Nuclear Power Plant. The first batch of fuel for the Bushehr NPP’s first block in Iran was manufactured on the Novosibirsk’s chemical concentrates plant in accordance with the contractual obligations of the Russian side.

Delivery will be made by the end of August 2015 in order to ensure the planned reactor’s reload with fresh nuclear fuel. Thus, an Iranian nuclear reactor will be connected to the country’s energy system on time without any disturbance to the consumers, as well as to nuclear and radiation safety.

In July 2015, the basic documents on Iran's nuclear program were signed by the permanent five members of the UN Security Council plus Germany (International Group of "six") and Iran, which define the joint actions aimed at removing restrictive measures from the country. Right after these decisions the Russian nuclear fuel manufacturer – TVEL Fuel Company – opened bank accounts at one of the Iranian banks with a branch in Russia, in order to ensure timely delivery of fuel assemblies and payment for the supply. Loading of fresh fuel with the presence of international experts during a planned maintenance of the Bushehr Nuclear Power Plant is scheduled on September.

“TVEL” Fuel Company is included into Fuel Division of Rosatom and combines enterprises for nuclear fuel fabrication, uranium conversion and enrichment, manufacturing of gas centrifuges, as well as research and development and design organizations. TVEL Fuel Company has been flawlessly operating for the past twenty years at the global market of nuclear fuel, providing supplies to 78 reactors in 15 countries, therefore, ensuring reliable operation of nuclear power plants, nuclear and radiation safety remain major priorities for the company’s operations. One in six power reactors in the world operates on fuel, produced by “TVEL” FC.

Another proof of this will be the Russian fuel assemblies’ timely delivery for nuclear power stations to Iran.

Rosatom

Background Information

ROSATOM

The State Atomic Energy Corporation ROSATOM is one of the global technological leaders. The company has assets and competencies to work at all stages of the nuclear production chain from uranium mining to decommissioning of nuclear facilities and spent nuclear fuel management.ROSATOM brings together about 400 enterprises and organizations, including the world's only nuclear icebreaker fleet. It is the largest electricity generating company in Russia, accounting for 18.7% of the country’s total generation of electricity. ROSATOM is the third in the world in nuclear power generation.The corporation is the global leader in simultaneous implementation of NPP power units and has the largest portfolio of foreign construction projects (36 NPP units in 12 countries). ROSATOM manufactures equipment and produces isotopes for nuclear medicine, carries out research and material studies. It also assembles supercomputers and designs software as well as different nuclear and non-nuclear innovative products. The company has business ventures covering various clean energy projects, including wind energy. ROSATOM has second largest uranium reserves and 17% of the global nuclear fuel market.