About $25 million to be spend in the next two years on upgrading operational safety of Armenian Nuclear Power plant
31.05.2011,
23:07
About $25 million will be spend in the next two years on upgrading the operational safety of the Armenian nuclear power plant in Metsamor.
YEREVAN, May 31. /ARKA/. About $25 million will be spend in the next two years on upgrading the operational safety of the Armenian nuclear power plant in Metsamor, according to a statement posted on the official website of Armenian energy and natural resources ministry. It says some $10 million is expected to come from the European Union. Russia will allocate about $2.5 million.
According to government figures, Armenia has received a total of $115 million worth of assistance from the United States ($60 million), the European Union ($26 million), Russia ($7.7 million) as well as France, Great Britain, the Czech republic and the International Atomic Energy Agency, and other international bodies since 1995 to upgrade the plant’s safety. Another $15 million were allocated by the plant.
The 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. Armenian authorities said they will build a new nuclear power plant to replace the aging Metsamor facility. The new plant is supposed to operate at twice the capacity of the Soviet-constructed facility. Metsamor currently generates some 40 percent of Armenia's electricity. Its financial flows of the plant are managed by Russian Inter RAO UES company. -0-
According to government figures, Armenia has received a total of $115 million worth of assistance from the United States ($60 million), the European Union ($26 million), Russia ($7.7 million) as well as France, Great Britain, the Czech republic and the International Atomic Energy Agency, and other international bodies since 1995 to upgrade the plant’s safety. Another $15 million were allocated by the plant.
The 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. Armenian authorities said they will build a new nuclear power plant to replace the aging Metsamor facility. The new plant is supposed to operate at twice the capacity of the Soviet-constructed facility. Metsamor currently generates some 40 percent of Armenia's electricity. Its financial flows of the plant are managed by Russian Inter RAO UES company. -0-
