Finnish-Russian consortium's plan to build nuclear reactor in Finland by 2024, likely to delay

A Finnish-Russian consortium's plan to build a nuclear reactor in western Finland by 2024 is likely to be delayed as more time is needed to secure licenses, its chairman said on Wednesday.

A Finnish-Russian consortium's plan to build a nuclear reactor in western Finland by 2024 is likely to be delayed as more time is needed to secure licenses, its chairman said on Wednesday.

The Fennovoima consortium includes Russia's state nuclear company Rosatom, Finnish power company Fortum and stainless steel maker Outokumpu, among others.

"Normally when a plane departs late it arrives late. 2024 would be extremely ambitious if not unrealistic," the consortium's chairman, Esa Harmala, told Reuters.

(With inputs from agencies.)