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TBILISI: Russian co to bid in Armenia nuclear power station tender

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  • TBILISI: Russian co to bid in Armenia nuclear power station tender

    The Messenger, Georgia
    Feb. 23, 2008


    Russian company to bid in Armenia nuclear power station tender

    By M. Alkhazashvili
    (Translated by Diana Dundua)
    Friday, February 22

    Russia will participate in an upcoming tender for the construction of
    a new nuclear power station in Armenia, Sergey Kiriyenko, director
    general of Russia?s nuclear regulator Rosatom, announced earlier this
    month.

    Last year the Armenian government announced a tender would be held to
    build a new 1000 megawatt reactor to replace the Metsamor nuclear
    plant which currently supplies the country with around 40 percent of
    its electricity supply.

    Armenia is under pressure from the EU to shut down Metsamor due to
    safety concerns over its lack of a containment system to deal with
    potential radioactive leaks.

    While the EU has offered EUR 100 million to assist in Metsamor?s
    closure, Armenian officials say that far more than this, around USD
    300 million, is needed for its. The government also says that around
    USD 1 billion will be needed to construct a new reactor.

    Metsamor has been operated by Russian company Unified Energy Systems
    since 2003, as part of a five-year arrangement to help Armenia pay
    off its USD 40 million debt to Russia for providing uranium.
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