MOSCOW (Sputnik) — In 2013, the construction of the Baltic NPP was said to have been halted and almost frozen, but in June of 2016 a spokesman for JSC Baltic NPP said that the construction was not suspended. He said some slowdown in the implementation rate had been seen, but the equipment was supplied and warehouses were being built.
"A number of memorandums on Understanding and agreements on electricity sales from the Baltic NPP, which is under construction, was signed with major European energy holding companies in 2015 in the framework of implementation of Rosatom's strategy of entering international electricity markets abroad," the report reads.
The construction of the Baltic nuclear power plant began in 2010 in Russian Kaliningrad region to secure power supply for the Kaliningrad Oblast and the Baltic states. In 2013, Baltic countries, including Lithuania, Latvia and Estonia declared their intention to withdraw from the unified energy system with Russia, which led to the project's suspension.
