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Old nuclear plant will work till new one is built

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  • Old nuclear plant will work till new one is built

    OLD NUCLEAR PLANT WILL WORK TILL NEW IS BUILT

    Lragir, Armenia
    Dec 22 2006

    According to the Armenian minister of energy Armen Movsisyan, the
    greatest achievement in 2006 is the conference on upgrading the
    security of the nuclear plant of Metsamor and building a new nuclear
    plant. Armen Movsisyan stated this in a news conference on December
    22. The minister of energy said there are initial arrangements with
    international organizations and donors on upgrading the security of
    the nuclear plant. "Everyone accepts that only a new nuclear
    generating unit complying with security regulations can be an equal
    alternative to the nuclear plant of Metsamor in Armenia."

    There is also agreement on technical and economic projects of the new
    nuclear plant, which will be financed by the IAEA and the USAID. The
    Armenian side realizes that we cannot afford to build a new atomic
    plant, and adopted a law inviting private investors. Armen Movsisyan
    says it takes 7-8, even 10 years to build an atomic plant. The scheme
    of the minister of energy keeps up with the timing. The atomic plant
    of Metsamor will operate until 2016, and Armen Movsisyan says the
    project of the new atomic plant will take as much as two years. And
    if the construction starts immediately after the project is ready, we
    will have a new atomic plant in around 2016. The construction of a
    new atomic plant will cost as much as 1 billion dollars.

    From: Emil Lazarian | Ararat NewsPress
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