Tweet
RUSSIA TO PROVIDE LOAN FOR ARMENIAN NUCLEAR POWER PLANT LIFETIME EXTENSION
Energy Business Review
Nov 11 2013
EBR Staff Writer
Armenia will receive intergovernmental loan from Russia to extend the
life of its aging nuclear power plant (NPP) located at Metsamor, the
country's nuclear safety security council secretary Vahram Petrosyan
has revealed.
Petrosyan was quoted by ARKA News Agency as saying during a press
conference that the loan amount is still unknown, but the lending
terms will be soft.
"First, we will have to approve the project, carry out troubleshooting
and make a list of the required equipment. Only after then we will
be able to speak about the project cost," Petrosyan added.
Armenian Prime Minister Tigran Sargsyan had earlier told that the
lifetime extension project requires at least $150m for completion.
Russian president Vladimir Putin had revealed last month that the
Russian state-owned nuclear company, Rosatom will collaborate with
Armenian experts to extend lifetime of the NPP for another ten years,
till 2026, according to the news agency.
Commissioned in 1976, the Armenian NPP originally has two VVER 440
reactors, one of which was reactivated in 1995 due to acute power
crisis in Armenia, leaving only the second 407.5MW reactor is in
operation.
http://nuclear.energy-business-review.com/news/russia-to-provide-loan-for-armenian-nuclear-power-plant-lifetime-extension-111113
From: A. Papazian
Energy Business Review
Nov 11 2013
EBR Staff Writer
Armenia will receive intergovernmental loan from Russia to extend the
life of its aging nuclear power plant (NPP) located at Metsamor, the
country's nuclear safety security council secretary Vahram Petrosyan
has revealed.
Petrosyan was quoted by ARKA News Agency as saying during a press
conference that the loan amount is still unknown, but the lending
terms will be soft.
"First, we will have to approve the project, carry out troubleshooting
and make a list of the required equipment. Only after then we will
be able to speak about the project cost," Petrosyan added.
Armenian Prime Minister Tigran Sargsyan had earlier told that the
lifetime extension project requires at least $150m for completion.
Russian president Vladimir Putin had revealed last month that the
Russian state-owned nuclear company, Rosatom will collaborate with
Armenian experts to extend lifetime of the NPP for another ten years,
till 2026, according to the news agency.
Commissioned in 1976, the Armenian NPP originally has two VVER 440
reactors, one of which was reactivated in 1995 due to acute power
crisis in Armenia, leaving only the second 407.5MW reactor is in
operation.
http://nuclear.energy-business-review.com/news/russia-to-provide-loan-for-armenian-nuclear-power-plant-lifetime-extension-111113
From: A. Papazian