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Rosatom Expects $17Bln in Revenues

State nuclear firm Rosatom expects revenues of 518 billion rubles ($17 billion) this year as it plans to return to “serial” nuclear plant construction, it said Wednesday.

“This is 37 percent more than in last year. This is our goal,” Rosatom chief Sergei Kiriyenko said. “It’s extremely important for us that we’ve reached this output volume not at the expense of safety, but as it is improving.”

He said starting next year, the company would be building at least one new nuclear plant each year.

“It’s Busher in Iran next year. We’re practically at a final stage setting up the equipment. Then Kudankulam in India. In 2011, it’s the Kalininsky nuclear unit … and the second unit of Kudankulam. And every year like that,” he said.

India handed Rosatom a contract earlier this week to build four more reactors for its nuclear power station in Kudankulam, in southern India.

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