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President Of Armenia Signed The Law "On The Construction Of New Nucl

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  • President Of Armenia Signed The Law "On The Construction Of New Nucl

    PRESIDENT OF ARMENIA SIGNED THE LAW "ON THE CONSTRUCTION OF NEW NUCLEAR POWER BLOCK"

    ARKA
    NOVEMBER 17, 2009
    YEREVAN

    YEREVAN, November 17. /ARKA/. President of Armenia Serzh Sargsyan
    signed the law "On construction of new nuclear power block (blocks)".

    The law adopted by National Assembly of Armenia on October 27 envisages
    opportunity of construction of new nuclear power defines the main
    requirements of the construction space and security, construction and
    exploitation of the block (blocks), liabilities of the Government of
    Armenia and outreach of population.

    For the construction of nuclear power block in Armenia about $4-5
    billion is needed. The cost of construction depends on the capacity of
    power block and will be known after finalization of construction works.

    Armen Movsisyan, Minister of Energy of Armenia said that in case of
    right organization of preparation process and construction of new
    power block with capacity of 1-1.2 thousand MVt, there will not be
    any problem with funding.

    All preliminary studies showed that the most optimal option is
    construction of new power block (blocks) on the basis of functioning
    Armenian Nuclear Power Station. Moreover, its capacity is 400 MVt
    when the space of the station envisages exploitation of the block
    with the capacity of 1.2 thousand MVt.

    The operating Armenian Nuclear Power Station is located near the city
    Metsamor (approximately 20-30 km to South from Yerevan). The station
    is functioning since 1976.
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