Rolls-Royce has signed a Memorandum of Understanding with Hungarian state-owned MVM OVIT National Power Line Company Zrt., part of the MVM Group, to explore how they can work together on the provision and maintenance of Instrumentation and control (I&C) systems for the second reactor planned to be built at the Paks nuclear Power Plant in Hungary, the company announced on Tuesday.
"We are pleased to work with MVM OVIT and explore the potential areas where we can work together to deliver world-leading I&C systems for the Paks nuclear power plant," Neil Parison, director of strategic nuclear accounts at Rolls-Royce, said.
Rolls-Royce’s nuclear division is currently modernising a range of safety-class I&C systems on the VVER-designed Loviisa nuclear reactors in Finland.
Paks currently comprises four Russian-supplied VVER-440 pressurized water reactors, which became operational between 1982 and 1987. These units account for about half of Hungary's electricity production. An inter-governmental agreement signed in early 2014 would see Russian enterprises and their international sub-contractors supply two new VVER-1200 reactor units at Paks.