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Russia And Armenia Sign Agreement To Extend Service Life Of Metsamor

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  • Russia And Armenia Sign Agreement To Extend Service Life Of Metsamor

    RUSSIA AND ARMENIA SIGN AGREEMENT TO EXTEND SERVICE LIFE OF METSAMOR NUCLEAR POWER PLANT

    YEREVAN, December 22. / ARKA /. Last Saturday Russia and Armenia
    signed an intergovernmental cooperation agreement for extending the
    service life of the second unit of the Armenian nuclear power plant,
    Rosatom, Russia's state-run Atomic Energy Corporation said on Monday.

    The service life of the second unit of the Armenian nuclear power
    plant expires in September 2016, but the agreement provides for
    extending its operation for 10 years until September 2026.

    The agreement was signed by Rosatom chief Sergey Kiriyenko and
    Armenian energy and natural resources minister Yervand Zakarian,
    Novosti-Armenia reported citing Russian RIA Novosti news agency.

    The agreement provides for a comprehensive study of the second unit
    before the end of the first quarter of 2015. The study will be used
    to prepare a plan of actions for 2015-2016 to extend the operation
    of the power unit.

    Rosatom said a license for extending the service life of the facility
    is expected in 2016. This will be followed by the final stage of the
    work, scheduled for completion by 2019.

    The agreement provides for major repair and replacement of equipment,
    preparation of maintenance documentation and staff training.

    "All this measures will enable a safe and secure operation of the
    plant at least until 2026," Rosatom said.

    The parties agreed also that the project will be financed by a loan
    that Russia will provide to Armenia.

    The terms of the loan are currently being coordinated by the finance
    ministries of the two countries, according to Rosatom.

    The Metsamor plant located some 30 kilometers west of Yerevan, 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 the plant's two VVER 440-V230 light-water reactors was
    reactivated in 1995. The Armenian government said earlier it wants
    to build a new facility that is supposed to operate at twice the
    capacity of the Soviet-constructed facility. Metsamor currently
    generates some 40 percent of Armenia's electricity. The construction
    of the new facility is estimated as much as $5 billion.-0-

    http://arka.am/en/news/technology/russia_and_armenia_sign_agreement_to_extend_servic e_life_of_metsamor_nuclear_power_plant/#sthash.hnI4KrJA.dpuf

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