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Russia’s collapsing nuclear industry saved by selling nuclear plant to Iran

The launch is something of a turning point for the Russian nuclear industry, which was near collapse before getting the Iranian contract for Bushehr.

Bushehr Launch Boosts Rosatom, The Moscow Times, 23 August 2010, By Olga Razumovskaya Russia and Iran on Saturday jointly launched the Bushehr atomic power plant, the first in the Middle East, bringing the Islamic republic into the ranks of the world’s 29 nuclear power generating nations. Both sides hailed the startup as a landmark…………But in a sign that Tehran was not content to start the plant without a scandal, Vice President Ali Akbar Salehi, also the country’s nuclear chief, vowed to continue seeking to enrich uranium ahead of the launch……

The launch is something of a turning point for the Russian nuclear industry, which was near collapse before getting the Iranian contract for Bushehr.

Finishing the plant, started by a German consortium in 1974, may not have been as profitable as first planned, but it has given Rosatom a boost in its competition for new contracts………Bushehr Launch Boosts Rosatom | News | The Moscow Times

August 23, 2010 - Posted by Christina Macpherson | business and costs, Russia | antinuclear, nuclear, nuclear costs, nuclear spin, nuclear technology, reactor