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Construction of new nuclear power unit in Armenia to start in 2012

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  • Construction of new nuclear power unit in Armenia to start in 2012

    Interfax. Russia
    May 22 2009


    Construction of new nuclear power unit in Armenia to start in 2012

    YEREVAN May 22


    A project to build Armenia's new nuclear power unit with a capacity of
    up to 1,200 megawatts is to begin in 2012, Armenian Energy and Natural
    Resources Minister Armen Movsisyan said in the country's parliament on
    Thursday.

    "It is not important which country or organization will build a new
    nuclear power unit in Armenia. What is important is that it should
    function in compliance with the republic's laws and international
    requirements," the minister said.

    International consortium Worley Parsons has been announced the winner
    of Armenia's tender to select a management company to implement the
    aforementioned project in the country. A management company will help
    the Armenian government arrange the entire construction process.

    The construction of a new nuclear power unit was originally scheduled
    to start in late 2010 or early 2011. According to its feasibility
    study, the project will cost $ 5.7 billion-$7.2 billion. The facility
    is expected to begin operating before 2017. The Armenian nuclear power
    plant's existing unit will be shut down before the new unit starts
    functioning.

    tm rp
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