CEZ placed a bid in a tender for the construction and operation of two nuclear blocks with 720MW capacity in Cernavoda in Romania and estimated costs of EUR 2.2bn. It is expected that the new block will begin to operate in 2014-15. Details of the offer won’t be published. The winner of the tender will create joint venture with state energy company SNN (Societatea Nationala Nuclearelectrica). Other companies that placed bid includes Electrabel, Enel, , and .
Currently, we see the news as neutral as the tender is in early stage.