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Armenian-Russian Commission Examines Prospects For Building New Nucl

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  • Armenian-Russian Commission Examines Prospects For Building New Nucl

    ARMENIAN-RUSSIAN COMMISSION EXAMINES PROSPECTS FOR BUILDING NEW NUCLEAR POWER PLANT

    ARMENPRESS
    May 30 2007

    YEREVAN, MAY 30, ARMENPRESS: Head of the Russian Unified Energy Systems
    (RAO UES) Anatoly Chubais said in Yerevan on Tuesday that the planned
    reorganization of the Russian company will not affect the operation
    of companies which it owns in Armenia.

    Chubais was in Armenia to chair a regular meeting of chiefs of power
    grids from former Soviet republics.

    Speaking to local journalists, he said the Russian company observers
    its investment commitments with regard to all its Armenia-based
    companies.

    RAO UES owns the Armenian Electrical Networks (AEN), the Sevan-Hrazdan
    chain of hydro power plants and also handles the financial management
    of the Armenian nuclear power plant in Metzamor. Another Russian
    company, Gazprom, owns the fifth unit of the Hrazdan thermal power
    plant in central Armenia.

    Armenian deputy energy minister Areg Galstian said a joint
    Russian-Armenian commission was set up to make a study what
    technologies and resources could be utilized to build a new nuclear
    power plant in Armenia.

    "In terms of a long-run strategy and form the macroeconomic perspective
    the best option for us is to replace the operating nuclear power
    plant with a new one," he said.

    Armenia has pledged to close its Soviet-era built nuclear power plant
    in 2016.

    From: Emil Lazarian | Ararat NewsPress
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