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  • $2 Billion Required

    USD 2 BILLION REQUIRED

    Hayots Ashkhar Daily
    Published on June 07, 2008
    Armenia


    A sum of around 2 billion US Dollars is required for the construction
    of the new 1000m/Wt. energy bloc of the Armenian Nuclear Power Plant
    (ANPP) for ensuring energy production with a capacity of around 7.5
    billion kilowatts per hour.

    As informed yesterday by ARMEN MOVSISIYAN, Minister of Energy and
    Natural Resources, the sum required for the construction of the new
    energy bloc is to be provided by foreign countries and private
    companies whose choice is still under discussion.

    As regards increasing the safety of the operation of the Power Plant, a
    sum of 80 billion US Dollars has been allocated for that, however, the
    operating safety system does not yet meet the present-day international
    safety standards. With the purpose of finishing the activities related
    to increasing the level of safety, additional sums in the amount of USD
    40 million are needed.
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