The project is starting now to be completed by 2010.
Rosatom, Rosenergoatom and Sevmash signed a protocol on the building of the first offshore nuclear power plant June 14, 2006 on the basis of the floating energy unit with the KLT-40S reactor.
The project is appraised to worth 9.1bn rub. Rosenergoatom is a major investor; Sevmash being ready to cover 20% of the contract value.
Sevmashpredpriyatie is a sole submarine building complex in Russia. It covers above 100 divisions for the production of the military facilities for the Navy and foreign consumers; oil/gas equipment.