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Armenia Signs Deal To Upgrade Nuclear Waste Facility

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  • Armenia Signs Deal To Upgrade Nuclear Waste Facility

    ARMENIA SIGNS DEAL TO UPGRADE NUCLEAR WASTE FACILITY

    RIA Novosti, Russia
    Oct 3 2005

    YEREVAN, October 3 (RIA Novosti, Gamlet Matevosyan) - An agreement
    to upgrade the radioactive waste management facility at the Armenian
    Nuclear Power Plant (NPP) was signed Monday, a senior official said.

    Gagik Markosyan, the plant's general director, said the agreement
    had been signed by the Armenian NPP and France's Ņogema Logistic.

    "The French company will provide the technology to build a nuclear
    waste storage facility using the dry-burial method, along with
    consulting services," he said, adding that the agreement stipulated
    the construction of 24 additional modules, each containing 56 cassettes
    of spent nuclear fuel.

    Markosyan said the project would be funded by the Armenian
    government but did not reveal the overall cost, citing the deal's
    confidentiality. He said $1.89 million had been allocated to the
    project this year.

    The first additional storage facility is scheduled to be operational
    in 2007.

    The Armenian NPP produces 40% of the country's electricity and will
    remain operational until 2016, according to experts.

    In September 2003, the plant came under the five-year trust management
    of INTER RAO UES, a subsidiary of Rosenergoatom and Russia's RAO UES
    electricity monopoly.

    The European Union has insisted that Armenia shut down the nuclear
    power plant, offering 100 million euros in aid. But Armenian experts
    have said the construction of alternative power generating facilities
    would cost the country about a billion euros.

    --Boundary_(ID_NJ9gjyPly5mFEjyRlSA0PA)--
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