An Israeli energy company is going to kick off a large-scale project in Ukraine for the treatment and recycling of radioactive waste in Chernobyl nuclear power plant. The Israeli company signed an agreement with the Ukrainian government.

Israeli specialists are planning to use their exclusive methods of plasma gasification for storing and recycling the Chernobyl nuclear waste. The methods were developed in collaboration with the Moscow Kurchatov Institute, reports Regnum.

The Israelis are going to build a few small-sized substations to ensure effective treatment of the Chernobyl nuclear waste. According to independent financial experts, Ukraine is estimated to pay about $35 million a year for the project. Despite the substantial costs of the project, it is thought to pay back in the long run as a permanent solution for the treatment and recycling of nuclear waste produced by the Chernobyl nuclear power plant.

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