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Armenian N-power plant can operate at least for 12 more years

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  • Armenian N-power plant can operate at least for 12 more years

    ITAR-TASS News Agency
    TASS
    July 19, 2004 Monday 5:18 AM Eastern Time

    Armenian N-power plant can operate at least for 12 more years

    By Tigran Liloyan

    YEREVAN


    The Armenian nuclear power station can operate at least for another
    12 years provided financing is sufficient, said on Monday in Yerevan
    deputy managing director of the Inter RAO EES and director of the
    International Power Corporation Mikhail Mantrov.

    In compliance with the Russian-Armenian intergovernmental agreement,
    this subsidiary company of the Unified Energy Systems of Russia
    corporation was granted the administration of the financial and
    economic operations of the station.

    According to Mantrov, there has not been a single emergency over the
    eight years after the re-start of the nuclear station, which points
    to a high level of the station's reliability. "The Armenian nuclear
    power station is now in a working condition in compliance with
    requirements of the IAEA," he emphasized.

    A new batch of nuclear fuel will be soon delivered to the station.
    The Russian side will bring fuel without a rise in the price, despite
    higher prices for uranium on world markets by more than 40 percent,
    Mantrov stressed.

    Put into operation in 1979, the Armenian station was shut down in
    1989 after the devastating earthquake. It was re-started in 1996 with
    the participation of Russian specialists. The station generates some
    40 percent of all electricity, produced in Armenia by power plants.

    In the meantime, the European Union strives for closing down the
    station. The Armenian authorities state that its shutdown is possible
    only if there are alternative sources of electricity. On July 31, the
    station will be stopped for routine repairs and loading with fuel,
    said station managing director Gagik Markosyan. It will be re-started
    again on October 4.
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