€1 BILLION SARCOPHAGUS TO BE BUILT IN CHERNOBYL

5/2/2012 12:10:38 PM -

A new sarcophagus over the Chernobyl nuclear station will cost over 935 million euro, Ukrainian State Agency for Exclusion Zone Management said March 6, RBC-Ukraina reported.

Vladimir Kholosha said that the new safety cover over the destroyed nuclear reactor will be constructed by French Novarka Consortium and added that the confinement construction will be paid for by the donor-countries and Ukraine’s Ukrytiye Fund.

Kholosha said that the contract “has a set price, including the risks of inflation and the cost of construction materials.”

Ukraine’s share in the cost of constructing the new sarcophagus will be 6 percent from the total amount, he said.

On March 3, Ukrainian Emergency Situations Minister Viktor Baloga said that the work at the Chernobyl nuclear station had begun. 

The fourth energy block at the Chernobyl nuclear station exploded overnight April 26, 1986, releasing a great amount of radiation in the air and surrounding areas. A 30-kilometer “exclusion zone” was created around Chernobyl soon after. 

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