§ 14. Mr. Hooley
asked the Secretary of State for Energy to what extent the capital cost of the oxide fuel reprocessing plant at Windscale will be met by (a) Government borrowing, (b) borrowing from private institutions in the United Kingdom and (c) borrowing from abroad; and what total sum is envisaged.
§ Mr. Eadie
The total capital cost of the plant is estimated to be between £500 million and £600 million at current prices. Approximately half of this capacity will be used for overseas customers, and will be completely financed by their advance payments. The remainder, which is required to meet the needs of our own domestic nuclear programme, will be financed from a number of sources, including internally generated funds and private sector borrowing.