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TBILISI: Russia And Armenia In Talks To Build Nuclear Power Plant

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  • TBILISI: Russia And Armenia In Talks To Build Nuclear Power Plant

    RUSSIA AND ARMENIA IN TALKS TO BUILD NUCLEAR POWER PLANT
    By M. Alkhazashvili
    Translated by Diana Dundua

    The Messenger, Georgia
    June 25 2007

    A Russian-Armenian group working on new nuclear power infrastructure
    for Armenia met in Yerevan, where they discussed security guarantees
    for the country's existing nuclear power station and cooperation in
    constructing new units.

    The Armenian side elaborated on their plans to develop their energy
    grid, while Russian representatives presented project details for a
    new nuclear power plant, reports the news agency Regnum.

    In 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 2 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.
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