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Atomstroyexport And Armenian Government Sign Confidentiality Agreeme

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  • Atomstroyexport And Armenian Government Sign Confidentiality Agreeme

    ATOMSTROYEXPORT AND ARMENIAN GOVERNMENT SIGN CONFIDENTIALITY AGREEMENT ON CONSTRUCTION OF NEW NUCLEAR POWER PLANT

    / ARKA /
    June 7, 2011
    YEREVAN

    Russia's state-run Atomstroyexport, the leading engineering company
    of the State Nuclear Agency Corporation Rosatom in charge of building
    nuclear power facilities abroad, and the Armenian government have
    signed a confidentiality agreement on the construction of a new
    Armenian nuclear power plant, Russian RIA Novosti news agency
    reported. It said the agreement was signed on the sidelines of
    international Atomexpo-2011 forum.

    "After signing this agreement we can share important documents and
    conduct correspondence on an entirely different level," Alexander
    Ryabov, Atomstroyexport first vice-president, was quoted as saying.

    Earlier Armenian ministry of energy and natural resources and
    Atomstroyexport could share only open information related to the
    construction of nuclear power plant in Armenia.

    Deputy Armenian minister of energy and natural resources Arek Galstyan
    said Armenian authorities had conducted additional seismic research
    in the area, where the new plant will be built.

    "I do not think there will be major changes in the project. We have
    previously conducted studies and have increased security requirements,"
    Galstyan said.

    The Metsamor plant, which accounts for about 40 percent of Armenia's
    electricity is located some 30 kilometers west of Yerevan. It
    was built in the 1970s but was closed following a devastating
    earthquake in 1988 that killed some 25,000 people and devastated
    much of northern Armenia. One of its two VVER 440-V230 light-water
    reactors was reactivated in 1995. Armenian authorities said they
    will build a new nuclear power plant to replace the aging Metsamor
    plant. The new plant is supposed to operate at twice the capacity of
    the Soviet-constructed facility.

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