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Russia to launch first floating NPP in 2010 - nuclear official

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MOSCOW, June 13 (RIA Novosti) - Russia will construct the world's first floating nuclear power plant by the end of 2010, the head of the federal NPP construction agency said Tuesday.

The NPP will mainly provide power supplies for Sevmash shipyard company, which won a tender in May to build a floating reactor for a low-power thermal and electric power plant that will sell one fifth of its energy to the energy-hungry Asia-Pacific region.

Sergei Obozov of Rosenergoatom said that an agreement on construction of the plant would be signed Wednesday by federal nuclear agency head Sergei Kiriyenko on a visit to Sevmash.

"The project will cost 9.1 billion rubles [$337 million] and will be commissioned in October 2010," Obozov said.

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