Principally GDF Suez SA’s Electrabel SA would pay the Belgium between EUR215 million and EUR245 million annually from 2010 to 2014, Paul Magnette said.
The exact amount will depend on production costs and market prices and the cost would be set by a new committee comprising representatives from industry, the government and the central bank.
Electrabel operates the 2,839 MW Doel site, with four reactors, and the 2,985 MW Tihange nuclear complex, with three reactors. Rival SPE, 51%-owned by Centrica Plc also has drawing rights.
The companies would continue to be charged a levy until 2025 based on production costs and market prices.
GDF Suez said the decision made by Belgium will be reflected on constructive talks. And the company was willing to finalize negotiations as early as possible.
Electrabel also have to invest EUR500 million in renewable energy and energy savings and to maintain an active presence in Belgium, where it has 13,000 workers involved in energy and recycling.
Electrabel would also plan to recruit over 10,000 new people by 2015.
In 2008, the government sought to charge Electrabel a nuclear tax of EUR250 million, which is now subject to a legal challenge.
