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Extension of Armenian Nuclear Power Plant's operation life may take five years - Medvedev

08.04.2016, 11:40
Extension of the Armenian Nuclear Power Plant's operation life may take five years, Russian Prime Minister Dmitry Medvedev said Thursday in Yerevan at a joint briefing with his Armenian counterpart Hovik Abrahamyan.

Extension of Armenian Nuclear Power Plant's operation life may take five years - Medvedev
YEREVAN, April 8. /ARKA/. Extension of the Armenian Nuclear Power Plant's operation life may take five years, Russian Prime Minister Dmitry Medvedev said Thursday in Yerevan at a joint briefing with his Armenian counterpart Hovik Abrahamyan.

«The paractical implementation of the program has already been launched,» he said. «This is a unique project. As a rule, such projects are long-lasting. We are planning to complete it in Armenia within five years.»

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 will provide $270 million to Armenia as loan and $30 million in grants. --0----