On 19 June 2017, ATOMEXPO-2017 IX International Forum in Moscow saw a contract signed between TVEL Rosatom Fuel Company and the Atomic Energy Organization of the Islamic Republic of Iran on delivering a reserve batch of Russian nuclear fuel of Advanced Fuel Assemblies (AFA) type for the first unit of the Bushehr NPP in 2017.
The tentative cost of the reserve fuel batch is around 30 million USD.
The signatories of the contract were TVEL JSC Senior Vice-President for Commerce and International Business Oleg Grigoriev and Deputy Head of the Atomic Energy Organization of Iran and Managing Director of Nuclear Power Plants Production and Development Company Mohammad Ahmadian.
The contract will enable Iran to enhance energy safety of the country as well as secure and guarantee the supply of Russian nuclear fuel. Furthermore, it will eliminate all risks connected with the transit of Russian nuclear fuel through the countries neighbouring Iran.
TVEL Rosatom Fuel Company, in its turn, will additionally load its fabrication and separation capacities and cut the net cost of production.
In the near future TVEL JSC will start production of the batch. The fuel will be delivered in late November – early December 2017.
Date: Jun 20, 2017