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"Inter RAO" Not Willing To Manage The Armenian Nuclear Power Plant A

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  • "Inter RAO" Not Willing To Manage The Armenian Nuclear Power Plant A

    "INTER RAO" NOT WILLING TO MANAGE THE ARMENIAN NUCLEAR POWER PLANT ANY LONGER, A NEWSPAPER WRITES

    Mediamax
    Nov 24 2011
    Armenia

    Yerevan /Mediamax/. "Kommersant" newspaper writes today that the
    Russian "Inter RAO" is displeased with the conditions of management
    of the Armenian Nuclear Power Plant (NPP) and is going to terminate
    the contract earlier."

    According to the newspaper, Armenia doesn't have a national nuclear
    operator, and the only alternative of "Inter RAO" is "Rosatom".

    However, the Russian state corporation is interested first of all
    in the construction of a new power unit in Armenia and not in the
    management of NPP.

    "Inter RAO" manages the Armenian NPP since 2003, the contract expires
    in 2013. "Inter RAO" is also the owner of "Electricity Networks of
    Armenia" and Hrazdan thermal power plant.

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