Armenian government's budget for 2026 earmarks 20.1 billion drams for extension of service life of NPP
29.10.2025,
10:04
Armenian government's 2026 draft budget has eamarked 20.1 billion drams for the extension of the service life of the Armenian Nuclear Power Plant (ANPP), Minister of Territorial Administration and Infrastructure David Khudatyan announced Tuesday.
YEREVAN, October 29. /ARКА/. Armenian government's 2026 draft budget has earmarked 20.1 billion drams for the extension of the service life of the Armenian Nuclear Power Plant (ANPP), Minister of Territorial Administration and Infrastructure David Khudatyan announced Tuesday.
"Work to modernize and extend the service life of the ANPP will continue throughout 2026, ensuring its operation first until 2026, and then until 2036," Khudatyan noted.
The minister also announced that preparatory work for the construction of Unit 2 of the ANPP will begin in 2026 with 828 million drams to be allocated for this purpose.
The Armenian Nuclear Power Plant, the only one in the South Caucasus region, is located near the town of Metsamor, approximately 30 km west of Yerevan. The plant is one of the country's main sources of electricity, providing up to 40% of its total output. Its service life has been extended until 2026, and work is underway to extend it for another 10 years.
The new nuclear power plant is planned to be built within 8-10 years. Various options are currently being compared and the experience of partners from Russia, the United States, and South Korea is being studied.
Earlier, Russian Rosatom Deputy CEO Kirill Komarov told ARKA news agency that the corporation could offer Armenia nuclear reactors with capacities ranging from 50 to 1,000 MW. ($1 - 382.70 drams).
"Work to modernize and extend the service life of the ANPP will continue throughout 2026, ensuring its operation first until 2026, and then until 2036," Khudatyan noted.
The minister also announced that preparatory work for the construction of Unit 2 of the ANPP will begin in 2026 with 828 million drams to be allocated for this purpose.
The Armenian Nuclear Power Plant, the only one in the South Caucasus region, is located near the town of Metsamor, approximately 30 km west of Yerevan. The plant is one of the country's main sources of electricity, providing up to 40% of its total output. Its service life has been extended until 2026, and work is underway to extend it for another 10 years.
The new nuclear power plant is planned to be built within 8-10 years. Various options are currently being compared and the experience of partners from Russia, the United States, and South Korea is being studied.
Earlier, Russian Rosatom Deputy CEO Kirill Komarov told ARKA news agency that the corporation could offer Armenia nuclear reactors with capacities ranging from 50 to 1,000 MW. ($1 - 382.70 drams).
