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Russia To Provide 10 Million USD For Implementation Of Security Work

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  • Russia To Provide 10 Million USD For Implementation Of Security Work

    RUSSIA TO PROVIDE 10 MILLION USD FOR IMPLEMENTATION OF SECURITY WORKS OF THE SECOND ENERGY BLOCK OF ARMENIAN AES

    BSANNA NEWS
    ARMENPRESS
    2008-10-16
    Ukraine

    YEREVAN, Oct 16. (ARMENPRESS). Russia will provide 10 million USD for
    implementing security works of the second energy block of Armenian
    Atomic Electro Station (AES).

    Head of the AES Gagik Markosian told Armenpress that the support
    will be provided to Armenia through the MAGATE. This is the first
    time Russia provides financial support of such amount.

    The planned works within the financing will start in 2009 the sizes and
    the direction of which is still to be approved: at present technical
    discussions are being carried out.

    For increasing the security level of Armenian AES with the support
    of MAGATE, which coordinates international support distribution,
    studies are also planned to be carried out to find out the primary
    issues of the AES.

    Starting from 1996, overall, 90 million USD was provided to Armenia
    by donor-countries to ensure the security of the second energy-block
    of Armenian AES.

    The Armenian AES is located in the town of Metsamor, was exploited from
    1976, at present only the second block of the station functions. The
    financial streams of the AES passed under the management of
    вÐ~BÑ~ZINTER RAO ECвÐ~BÑ~ company in September 2003, the owner of
    which is the вÐ~BÑ~ZRosatomв &#x D0;~BÑ~ corporation.

    G. Markosian also informed that with the support and financing of
    United States Agency of International Development (USAID) a physical
    basis has been prepared connected with the construction of a new AES
    in Armenia which will be presented to the Armenian government in the
    nearest future.

    The new AES will probably be located in the area of the existing
    one: additional research works will be conducted before starting
    the project.

    According to G. Markosian, the approximate sum of necessary money
    is also included in the program which will be presented to the
    government. The type of the AES is not decided in that works
    particularly. According to the initial information, it must be a
    station of nearly 1000 megawatt. But the more exact information will
    be known when the company which will win the tender and start the
    construction will be known.

    The functioning AES will gradually be brought out of exploitation
    by 2016. Its importance is also dictated by Armenia's Action Program
    within the frameworks of EU New Neighborhood policy.

    --Boundary_(ID_174aWwMl+5D1G1DZK9mPVA)--
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