KIEV, Dec. 16 – The European Bank for Reconstruction and Development could provide financing of up to EUR 300 million to EnergoAtom for safety upgrades alone, reads a bank report.

The report says that the project is pending final review by the bank's board at a meeting on September 18, 2012.

According to the document, the project cost is EUR 1.45 billion. The loan is expected to be made in parallel with a similar loan from Euratom also to part-finance the project.