Saturday, June 30, 2007

Russia and Armenia to build NPP

New Europe, Belgium
28 June 2007 - Issue : 736

A Russian-Armenian group working on new nuclear power infrastructure for Armenia recently met in Yerevan to discuss security guarantees for the country's existing nuclear power station and cooperation in constructing new units, Interfax reported.
The Armenian side elaborated on their plans to develop their energy grid, while Russian representatives presented project details for a new nuclear power plant.

During an April visit to Yerevan, the head of Russia's Federal Atomic Energy Agency, Sergey Kiriyenko, stated that Russia was ready to provide both technical and financial assistance in constructing a new nuclear power station for Armenia. According to Regnum, the new 1,000 MW (megawatt) station will cost USD two billion to build. USD 240 million will be needed to decommission Armenia's aging Metsamor nuclear power plant, which is slated for closure by 2016. The plant, built in 1975, was initially closed following the devastating 1988 earthquake. One of two units, with a 400 MW capacity, was reactivated in 1995. Metsamor produces 40 percent of Armenia's electricity.

Note: Above are excerpts from the article. The full article appears here. Clarifications and comments by me are contained in {}. Deletions are marked by [...]. The bold emphasis is mine.



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