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Russian Government To Consider Lending $270 To Armenia For Nuke Stat

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  • Russian Government To Consider Lending $270 To Armenia For Nuke Stat

    RUSSIAN GOVERNMENT TO CONSIDER LENDING $270 TO ARMENIA FOR NUKE STATION

    Energy Monitor Worldwide
    December 25, 2014 Thursday

    The Russian government will discuss, at today's meeting, provision
    of $270 million loan to Armenia for extending the service life of
    Armenian the nuclear power plant, the government press office reported.

    On Saturday Russia and Armenia signed an agreement about extending
    the service life of the second power unit at the NPP.

    The sides agreed the works will be funded from a loan provided by
    Russia, Novosti-Armenia reports referring to RIA Novosti.

    The loan is extended for 15 years, according to the report. The
    service life of the second unit expires in September 2016.

    Russian Rosatom experts have already examined the unit and defined
    further action plan. 2014 Global Data Point.

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