Five candidates for Unit III

Cernavoda-based nuclear plant Nuclearelectrica has five financial advisors to choose from for its Unit III, according to sources close to negotiations. Nuclearelectrica may designate the winner by the end of June. The Unit III project is worth about one billion dollars, with the financial consultancy contract revolving around several hundred thousand dollars. “Five bids were submitted by consultancies and we hope to choose one by the end of the first half. The consultant will be paid with special funds from the state budget,” the quoted sources said, without disclosing the names of the five companies. ZF