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Armenian PM Announces New Nuclear Station Valued At $5 Billion

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  • Armenian PM Announces New Nuclear Station Valued At $5 Billion

    ARMENIAN PM ANNOUNCES NEW NUCLEAR STATION VALUED AT $5 BILLION

    Aysor
    Armenia
    Aug 23 2010

    Armenia's Prime Minister Tigran Sarkisian has announced in his
    interview with Haylur aired by county's Public Television that Russia
    will invest in building of a new nuclear station in Armenia.

    "The agreement signed during Russian President's visit to Armenia,
    enshrines that the Russian partners will participate in the nuclear
    station's building and will invest in it. With the preliminary
    calculations, the program's cost is equal to $5 billion," said Prime
    Minister.

    "We will cooperate with our partners. There will be a new
    configuration and a new project, which will be followed by a more
    detailed information to be delivered to the public about the nuclear
    station," he said.

    Sarkisian said that the nuclear plant aims at improvement of the
    energy system of Armenia and pointed that the station's power will
    be equal to 1,000 megawatts.

    "This will be a modern station significantly increasing generation
    capacity of the country," said Prime Minister. He added: "This
    also means that our industry will have a better future in sense
    of development."




    From: A. Papazian
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