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Armenia to reject loan granted for nuclear power plant closing?

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  • Armenia to reject loan granted for nuclear power plant closing?

    PanARMENIAN.Net

    Armenia going to reject loan granted for nuclear power plant closing?
    29.09.2007 13:58 GMT+04:00

    /PanARMENIAN.Net/ `Armenia intends to refuse from a 200 mln euro loan
    the European Union was planning to grant for closing the only nuclear
    power plant in the republic,' a government official said affirming
    that presently the state has no other energy sources.

    Armenia has for a long time been under pressure of the European Union,
    which insists on closing the outdated Metsamor nuclear power plant
    built in soviet times, MIGnews.com reports.

    European Commission's Acting Director for Eastern Europe, South
    Caucasus and Central Asia, Mr Gunnar Wiegand said recently in Yerevan
    that the EU insists on soonest closing of the ANPP and the Euroatom is
    ready to grant a 200 mln euro loan for it.

    When in Yerevan, Iranian Minister of Foreign Affairs Manouchehr
    Mottaki said Iran doesn't exclude the possibility of financing
    construction of a new NPP in Armenia.

    The Metsamor NPP consists of two blocks. The first was put into
    operation in 1976, the second - in 1980. The NPP capacity is 815
    megawatt.

    After the earthquake in 1988 the USSR government decreed to close the
    plant.

    In November 1995 the NPP was restarted. It processes 2 bln
    kilowatt-hour annually.
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