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BAKU: Armenia To Start Nuclear Plant Build In Early 2011

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  • BAKU: Armenia To Start Nuclear Plant Build In Early 2011

    ARMENIA TO START NUCLEAR PLANT BUILD IN EARLY 2011

    AzerNews Weekly
    May 20 2009
    Azerbaijan

    Armenia will tackle construction of a new nuclear power plant in
    early 2011, Energy Minister Armen Movsisyan has said.

    He said that, according to preliminary estimates, building the station
    will cost about $5 billion and it will be constructed in the area of
    the existing Metsamor facility.

    The Armenian government said last week that WorleyParsons, a major
    Australian provider of services to the energy and complex process
    industries, has won a tender announced for the project, and both
    sides hope to sign a relevant agreement soon.

    Movsisyan said the next step is completing engineering work for the
    power plant and selecting an investor through another tender.

    The power station currently in operation supplies over 40 percent of
    Armenia`s needs for electricity. The new facility will have a capacity
    double that of the Metsamor plant.

    Metsamor, a Soviet-era power plant, is slated for demolition in 2017.
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