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Armenia: No bid from Inter RAO UES to cease nuke plant mgmt

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  • Armenia: No bid from Inter RAO UES to cease nuke plant mgmt

    Prime-Tass English-language Business Newswire, Russia
    November 25, 2011 Friday 6:08 PM EET


    Armenia: No bid from Inter RAO UES to cease nuke plant mgmt

    MOSCOW Nov 25


    Armenia has not received an official application from Russian electric
    power holding Inter RAO UES over its intention to prematurely
    discontinue its management of the Armyanskaya nuclear power plant,
    Vagram Petrosyan, director of the Armenian Scientific Research
    Institute for Nuclear Plant Operation (Armatom), said Friday, RIA
    Novosti reported.

    Kommersant business daily reported on Thursday citing sources that
    Inter RAO UES was seeking to cease managing the power plant and had
    begun talks over the possibly transferring management to Russian
    nuclear power corporation Rosatom.

    The state-owned Armyanskaya nuclear plant currently has one power unit
    with a capacity of 407.5 megawatts (MW) in operation. Inter RAO UES
    has been managing the nuclear plant since 2003, with the agreement set
    to expire in 2013. The plant produces around 40%-50% of Armenia's
    total power output. Armenia currently plans to build a net power plant
    equipped with a 1,000-MW power unit as an alternative to the
    Armyanskaya plant. Construction is slated to begin in 2011, while the
    launch of the unit is expected in 2017.

    Inter RAO UES' early withdrawal from managing the plant is not
    expected to affect the safety of the plant's operations, the chairman
    of Armenia's State Nuclear Safety Regulatory Committee Ashot
    Martirosyan said.

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