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Armenian Nuke Station To Be Ready For Reconstruction Stop By Spring

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  • Armenian Nuke Station To Be Ready For Reconstruction Stop By Spring

    ARMENIAN NUKE STATION TO BE READY FOR RECONSTRUCTION STOP BY SPRING 2017 - MINISTER

    YEREVAN, February 18. /ARKA/. Preparations for ceasing operations at
    the Armenian Metsamor nuclear power plant for reconstruction purposes
    will be completed by spring 2017, minister of energy and natural
    resources Yervand Zakharyan said at a meeting in the nuke station
    on Tuesday.

    Under the respective loan agreements between the Russian and the
    Armenian governments, Armenia is obliged to ensure smooth suspension
    by spring 2017, the minister said.

    According to the agreement signed in Moscow on February 5,
    Russia extends a $270 million loan and a grant of $30 million for
    reconstruction and extension of the service live of the nuke station.

    The loan will be provided under soft terms for 15 years and at a 3%
    per annum rate.

    The preparatory works will be carried out mainly by Rusatom Service
    closed joint stock company, the minister said as cited by the press
    office. The respective framework agreement with the company is to be
    signed soon.

    During the meeting, the nuke station management reported about measures
    implemented so far and the action plan for 2015. Measures to raise
    safety level at the nuclear power unit were presented in detail.

    Armenia plans also to build a new power unit at the nuke station
    with capacity of 1,000 megawatt. The start of the construction is
    scheduled for 2018-2019. Russia says it is ready to meet part of the
    construction expenditures and provide the so-called 'nuclear island'
    in particular. Other costs are expected to be paid from support funds
    from various countries.

    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/economy/armenian_nuke_station_to_be_ready_for_reconstructi on_stop_by_spring_2017_minister/#sthash.lpTfGKxO.dpuf




    From: A. Papazian
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