UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

IAEA says Ukraine nuclear plant reconnected to national grid

The Russian-occupied plant had been cut from the national grid since September due to shelling. (AFP)
  • Since being cut off from the grid, the station was relying on its own power supplies to operate essential safety mechanism
  • Zaporizhzhia was seized by Russian troops in March and shelling around the facility raised fears of nuclear disasters ever since
Kyiv, Ukraine– Ukraine’s Zaporizhzhia nuclear plant is receiving power from the national grid once again, the UN’s atomic agency (IAEA) said Saturday, after it was cut off from external power, raising the risk of an accident.The Russian-occupied plant had been cut from the national grid since September due to shelling.

“The restored 750 kilovolt (kV) line is now providing Europe’s largest nuclear power plant… with the electricity it needs for reactor cooling and other essential safety functions,” the IAEA said.

Since being cut off from the grid, the station was relying on its own power supplies to operate essential safety mechanism.

Experts feared that the plant could run out of the internal power.

Zaporizhzhia was seized by Russian troops in March and shelling around the facility raised fears of nuclear disasters ever since.

The IAEA visited the power plant in early September.

Several members of the IAEA team remained inside the territory of the plant on a permanent basis to monitor the situation.