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Areva's Cogema Picked By Armenia To Build 10 Mln Eur Nuclear WasteFa

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  • Areva's Cogema Picked By Armenia To Build 10 Mln Eur Nuclear WasteFa

    AREVA'S COGEMA PICKED BY ARMENIA TO BUILD 10 MLN EUR NUCLEAR WASTE FACILITY

    Forbes
    Oct 3 2005

    YEREVAN, Armemia (AFX) - The Armenian energy ministry said the Cogema
    Logistics unit of French engineering group Areva has been chosen
    to build a new 10 mln eur nuclear waste facility for the country's
    controversial Metsamor reactor.

    Cogema Logistics will build a second waste disposal facility in
    three phases between 2007 and 2018, said ministry spokesperson Lucin
    Arutyunian.

    The EU has asked Armenia to close the Metsamor reactor because of
    safety concerns, but the power station, built in 1977, accounts for
    about 40 pct of electricity production in the country.
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