Armenian nuclear power plant signs contract for delivery of Russian nuclear fuel

Armenian nuclear power plant signs contract for delivery of Russian nuclear fuel

YEREVAN, October 12. /ARKA/. Russian Tvel company that produces and sells nuclear fuel for power, transport, and research-and-development reactors and the Armenian Nuclear Power Plant (NPP) signed a nuclear fuel supply contract, Tvel reported. It said the Armenian NPP is going to refuel the facility ahead of a planned repair, and will have a fuel reserve for the next two years. The contract was signed during a visit to Armenia by a Tvel delegation, led by its president Natalia Nikipelova.

"Tvel suggested that its Armenian partners increase energy security. It also offered favorable commercial terms for the delivery of nuclear fuel, confirming thus the high level of long-term partnership and mutual trust," Nikipelova noted.

According to her, the nuclear power plant plays a key role in providing Armenia with electric power, therefore it is extremely important to ensure its uninterrupted operation.  "In 2016, we made a joint decision to create a nuclear fuel reserve for the Armenian Nuclear Power Plant," Nikipelova noted.

The Armenian Nuclear Power Plant is located some 30 kilometers west of Yerevan. It was built in the 1970s but was closed following a devastating earthquake in 1988. One of its two VVER 440-V230 light-water reactors was reactivated in 1995. Armenian authorities said they will build a new nuclear power plant to replace the aging facility. 

The new plant is supposed to operate at twice the capacity of the Soviet-constructed facility.  The plant currently generates some 35 percent of Armenia's electricity. 

In March 2014, Armenian government decided to extend the plant’s service life because of delay in building a new unit. The service life extension has become possible thanks to Russia’s financial resources. The country was to provide $270 million to Armenia as loan and $30 million in grants. --0---

15:29 12.10.2017





 

« October 2017

Mon
Tue
Wed
Thu
Fri
Sat
Sun
 
 
 
 
 
 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
 
 
 
 
 
Username:
Password:

Registration
If you are new on the site, please fill out the registration form.

Enter the website you can use your account on any of the following services.

×