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ARKA Armenia Weekly: Highlights of the Week: Politics, Economy and Markets (March 30 – April 5, 2026)

... a summary of the week's significant events. SUMMARY The primary external development last week was the meeting between Nikol Pashinyan and Vladimir Putin on April 1, which marked a shift toward a more assertive and practical Russian agenda regarding Armenia. Key topics affecting business and markets included: rail connectivity with Russia, the challenges of holding simultaneous memberships in the EU and the EAEU, the cost of Russian gas, the selection of a new nuclear power plant model, and potential changes in Moscow's economic ties with Yerevan. Concerns about trade, logistics, and air travel risks if Armenia aligns more closely with the EU added to the pressure. On the domestic front, signals are mixed: ...

04/06/2026


Huawei Enters Armenia's Energy Market: Insights on the Launch of Energy Storage Systems

Armenia is gearing up to enhance its energy storage sector. YEREVAN, April 6. /ARKA/. Armenia is gearing up to enhance its ... ... increase from 2024. Thermal power plants contributed 33.6%, or around 3.3 billion kWh (a 4.4% decrease), while the Armenian Nuclear Power Plant (ANPP) accounted for 29.1%, or over 2.9 billion kWh (a 3% increase). Hydroelectric power plants generated ...

04/06/2026


Armenian Nuclear Power Plant disconnected from grid for 5 months under extension program - Minister

The Metsamor Nuclear Power Plant in Armenia has been temporarily disconnected from the grid since April 1 in connection with the plant's operation extension program, announced David Khudatyan, Minister of Territorial Administration and Infrastructure of Armenia. YEREVAN, April 3. /ARKA/....

04/03/2026


Likhachev: Rosatom has offered Armenia options for new nuclear power generation

Russia has repeatedly made proposals to Armenia to build new baseload power generation in the republic, including for large-capacity units, as well as medium- and small-scale ... ... and small-scale units, Rosatom head Alexey Likhachev told reporters. Likhachev announced that the service life of the Armenian nuclear power plant will be extended until 2036 after modernization, which will be carried out, among other things, by Rosatom....

04/02/2026


Russian Deputy Prime Minister on the NPP in Armenia, the selection of a new nuclear power unit, and the risk of energy shortages

Russian Deputy Prime Minister Alexey Overchuk stated that Russia is monitoring developments around the Metsamor Nuclear Power Plant in Armenia. YEREVAN, April 2. /ARKA/. Russian Deputy Prime Minister Alexey Overchuk stated that Russia is monitoring developments around the Metsamor Nuclear Power Plant in Armenia. "We cannot ignore what is happening around the extension of the Metsamor ...

04/02/2026


Armenia discussing construction of new nuclear power plant with Russia and other partners – Pashinyan

Armenia is discussing the construction of a new nuclear power plant with Russia and other international partners, Armenian Prime Minister Nikol Pashinyan said at a meeting with Russian President Vladimir Putin in the Kremlin on April 1. YEREVAN, April 2. /ARKA/. Armenia is discussing the construction ...

04/02/2026


Armenia Selects Modular Nuclear Power Plant Model – Minister

... companies regarding the construction of a new nuclear power unit continue. Minister of Territorial Administration and Infrastructure David Khudatyan announced this at a meeting of the National Assembly Standing Committee on Economic Affairs. "The Armenian government has already chosen the type of nuclear power plant – modular. We will select the model within the next year or in early 2027, after which we will move on to the next stage," Khudatyan said.

03/18/2026


The second extension program for Armenian Nuclear Power Plant (ANPP) until 2036 will begin in a few days

The second extension program for the Armenian Nuclear Power Plant (ANPP) will begin in a few days, extending its operation until 2036. YEREVAN, March 18. /ARKA/. The second extension program for the Armenian Nuclear Power Plant (ANPP) will begin in a few days, extending its operation until 2036....

03/18/2026


Solar power plants will provide 14% of Armenia's electricity in 2025: Minister announces capacity increase of over 45%

Solar power plants will account for 14% of Armenia's electricity production in 2025, announced RA Minister of Territorial Administration and Infrastructure David Khudatyan.... ... generated – 33.6% – came from thermal power plants, which generated 3,360.9 million kWh, a decline of 4.4%. The Armenian Nuclear Power Plant (ANPP) generated 2,914.9 million kWh, a 3% increase, and hydroelectric power plants (HPP) generated 2,106....

03/13/2026


Armenia maintains its commitment to developing nuclear energy as a key factor in energy security – Pashinyan

The Armenian government is pursuing a policy of preserving nuclear energy as an important ... .... "Armenia has launched a long-term program to extend the life of the Armenian Nuclear Power Plant (ANPP) until 2036. This extension will lay a solid foundation for... ... long-term sustainability, as well as our commitment to the highest standards of nuclear safety, security, and non-proliferation. Armenia highly values ​​international cooperation...

03/10/2026


Electricity generation in Armenia increased by 18.1% in January to 1.1 billion kWh

In January 2026, Armenia generated 1,085.7 million kWh of electricity, an 18.1% increase compared to January 2025, according to data published ... ... plants accounted for the largest share of electricity generated—53.2%: 577.1 million kWh, an increase of 77.2%. The Armenian Nuclear Power Plant accounted for 30.4%: 330.0 million kWh, a decrease of 2%. Solar power plants followed with an 8.5% share and ...

03/10/2026


Armenian Deputy Prime Minister and Rosatom Deputy Head Discuss Energy Cooperation

Armenian Deputy Prime Minister Mher Grigoryan and Rosatom First Deputy Director General Kirill Komarov discussed energy cooperation ... ... cooperation with Armenia in the nuclear energy sector. Cooperation may include the construction of large, medium, and small-capacity nuclear power plants, as well as non-nuclear projects, Rosatom clarified. On the selection of a nuclear power plant model David ...

03/05/2026


Armenia is exploring available options for small modular nuclear power plants

... maintaining nuclear energy as a key component of the country's electricity system. Although the operational life of the Armenian Nuclear Power Plant has been extended until 2036, we are exploring the possibilities of a smooth and safe transition to a new nuclear power unit," Mirzoyan stated. According to him, the selection process is based on Armenia's commitment to reliability, long-term sustainability, and the highest standards of nuclear safety, security, and non-proliferation. About the Armenian-American Agreement During the visit of US Vice President J.D. Vance ...

02/25/2026


Modular NPP is the most preferred option for Armenia: PSRC head on cooperation with USA

Construction of a modular NPP is the most preferred option for Armenia, stated Mesrop Mesropyan, Chairman of the Public Services Regulatory Commission (PSRC), speaking Monday about cooperation ... ... are superior to the existing plant in a number of respects. Commenting on criticism that the United States is building modular nuclear power plants for the first time, while Russia and China already have existing facilities, Mesropyan stated that 51 modular ...

02/17/2026


Regulator rules out the risk of electricity shortages in Armenia during extended shutdown of Armenian Nuclear Power Plant

Mesrop Mesropyan, Chairman of the Public Services Regulatory Commission of Armenia, stated that no electricity shortages are expected in the country during the extended shutdown of the Metsamor Nuclear Power Plant (NPP). YEREVAN, February 16. /ARKA/. Mesrop Mesropyan, Chairman of the Public Services Regulatory Commission of Armenia, stated that no electricity shortages are expected in the country during the extended shutdown of the Metsamor ...

02/16/2026


Russia Offers Armenia Competitive Terms for Construction of New Nuclear Power Plant – Shoigu

... using American technology in Armenia moves into the practical phase, we, like all other states in the region, and the people of Armenia itself, will be forced to consider these new nuclear safety risks," Shoigu said. According to him, Russia will essentially have to assume that "American experiments in nuclear ... ... a threat. I wouldn't like to draw parallels, but let me remind you that it was the American reactors at Japan's Fukushima-1 Nuclear Power Plant that were destroyed by the earthquake, leading to large-scale radioactive contamination of the environment,...

02/13/2026


Russia is ready to work with Armenia on preferential financial models for nuclear energy: Zakharova

Russia is ready to explore preferential financial models for cooperation in the nuclear energy sector with Armenia, Russian Foreign Ministry spokesperson Maria Zakharova said at a press briefing on Thursday. YEREVAN, February 12. /ARКА/.... ... Zakharova stated. On Russian Technologies According to her, Russia is the only country that already operates small-capacity nuclear power plants. "We have repeatedly offered our partners proven Russian solutions across all power ranges—small, ...

02/12/2026


Pashinyan outlines the criteria for Armenia's selection of a partner nation for building a new nuclear power facility

Armenian Prime Minister Nikol Pashinyan indicated that the choice of a partner country for the development of a new nuclear power plant will hinge on whether the proposal aligns with the nation's interests. YEREVAN, February 11. /ARКА/. Armenian Prime Minister Nikol Pashinyan indicated that the choice of a partner country for the development of a new nuclear ...

02/11/2026


Russia's Nuclear Capabilities Surpass those of the US, Peskov

... United States, while also noting that service costs are lower. In his remarks regarding the potential for collaboration between Armenia and the US in the peaceful application of nuclear energy, the Kremlin representative highlighted that Armenia's current ... ... Territorial Administration and Infrastructure of Armenia, mentioned that the Armenian government has determined that the upcoming nuclear power plant will be modular, although the final decision will be made in 2026–2027. "We are actively considering ...

02/11/2026


In 2025, Armenia generated over 10 billion kWh of electricity, a 6.7% increase

In 2025, Armenia generated 10,010.3 million kWh of electricity, a 6.7% increase compared to 2024, according to data published by the Statistical ... ... generated – 33.6% – came from thermal power plants (TPPs), which generated 3,360.9 million kWh, a 4.4% decrease. The Armenian Nuclear Power Plant (2,914.9 million kWh, a 3% increase) accounted for 29.1%, while hydroelectric power plants (2,106.4 million ...

02/11/2026


Galuzin: Rosatom is ready to begin construction of a nuclear power plant in Armenia

The construction of a nuclear power plant occupies a high place on the agenda of Moscow-Yerevan relations and is regularly discussed at various levels,... ... levels, said Russian Deputy Foreign Minister Mikhail Galuzin. "We have submitted a package of detailed proposals to the Armenian side. Rosatom is ready to begin implementing the project as soon as possible, naturally taking into account the wishes ...

02/10/2026


Rosatom has offered Armenia cooperation in the construction of nuclear power plants of varying capacities

The Russian state corporation Rosatom is offering Armenia comprehensive cooperation in the field of nuclear energy. YEREVAN, February 7. /ARKA/. The Russian state corporation ... ... According to TASS , Rosatom specified that cooperation could include the construction of large, medium, and small-capacity nuclear power plants, as well as the implementation of related projects, including non-nuclear ones. It is noted that Likhachev ...

02/09/2026


Major repairs at Armenian Nuclear Power Plant will last approximately five months this year, according to Minister

This year, the Armenian Nuclear Power Plant (ANPP) will be brought to a halt for approximately five months for a major scheduled maintenance, announced Minister of Territorial Administration and Infrastructure David Khudatyan. YEREVAN, February 3. /ARKA/. This year, the ...

02/03/2026


Armenia has decided on the type of new nuclear power plant; the model will be selected later: Minister

The Armenian government has determined that the upcoming nuclear power plant will be modular, although the specific model has yet to be finalized, according to RA Minister of Territorial Administration and Infrastructure David Khudatyan. YEREVAN, February 3. /ARКА/. The Armenian government has determined ...

02/03/2026


Electricity production in Armenia upped 6.5% during 11 months to over 9 billion kWh

In the period from January to November 2025, Armenia produced 9,001.8 million kWh of electricity, marking a 6.5% increase compared to the same period in 2024, as reported ... ... electricity generated, accounting for 31.5% with an output of 2,836.6 million kWh, which is a decline of 10.7%. The Armenian Nuclear Power Plant (ANPP) represented 28.7% of the total generation (2,584.8 million kWh, an increase of 3.6%), while hydroelectric ...

01/15/2026


Rosatom Completes Annual Work Plan at Armenian Nuclear Power Plant

... has successfully fulfilled its annual work plan for 2025 at Unit 2 of the Armenian Nuclear Power Plant (NPP), as reported by the press service of the corporation. The... ... Service JSC, which is part of Rosatom's Electric Power Division, in collaboration with Armenian NPP CJSC as part of the second life extension project for the unit. In line... ... specialists accomplished a considerable amount of work focused on enhancing the plant's safety and reliability, while also verifying the unit's operational capability for its...

12/26/2025


Rosatom CEO Invites Pashinyan to Explore New Nuclear Technologies

... pressurized water technologies, fast neutron reactors, and a closed nuclear fuel cycle. "This is a completely new level of safety, it's waste-free production, and it reduces uranium demand exponentially—hundredfold. This way, we'll secure our reserves for millennia from the already explored deposits," Likhachev emphasized. The Armenian Nuclear Power Plant, the only one in the South Caucasus region, is located near the town of Metsamor, approximately 30 km west ...

12/12/2025


Scheduled maintenance at Armenian Nuclear Power Plant successfully completed ahead of schedule

The Armenian Nuclear Power Plant (ANPP) was set to perform mid-scheduled maintenance on its turbine units from November 23 to 30, 2025. This process involved the sequential shutdown of the turbine units, as reported by the Armenian Ministry of Territorial Administration ...

12/02/2025


PSRC: Armenian Nuclear Power Plant will be halted for longer than usual repairs in 2026

In 2026, the Armenian Nuclear Power Plant (ANPP) will be brought to a five- month halt for maintenance, three months longer than usual for scheduled maintenance, Mesrop Mesropyan, Chairman of the Public Services Regulatory Commission (PSRC), announced at a press briefing on ...

11/17/2025


In Armenia, electricity generation rose by 8.2% to reach 7.3 billion kWh during first nine months

From January to September 2025, Armenia produced 7,355.6 million kWh of electricity, marking an 8.2% increase compared to the same period in 2024, as reported ... ... portion of electricity generated, accounting for 30.2% with 2,225.6 million kWh produced, reflecting a 15.3% decline. The Armenian Nuclear Power Plant (NPP) represented 27.3% of the total (2,007.3 million kWh, a 6% increase), while hydroelectric power plants ...

11/07/2025


Armenia approves €5 million agreement with EC to strengthen nuclear safety and radiation protection

... 2011, all conceivable risks were evaluated, and stress tests for potential accidents were formulated based on these risks, with funding designated to resolve possible challenges. He mentioned that the specified amount will be allocated to the Nuclear Safety Regulatory Committee for this initiative, and that the Committee, along with the Armenian Nuclear Power Plant, will implement the hydrogen risk mitigation systems. 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 ...

10/30/2025


Armenian government's budget for 2026 earmarks 20.1 billion drams for extension of service life of NPP

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 ...

10/29/2025


Electricity generation in Armenia ups by 7.1% over first eight months to 6.5 billion kWh

Armenian power generating facilities produced 6,508.1 million kWh of electricity in January-August 2025, a 7.1% increase compared ... ... largest share of electricity generated – 30.4%: generation amounted to 1,980.5 million kWh, a decrease of 19.1%. The Armenian Nuclear Power Plant (ANPP) accounted for 26.3% of the total (1,710.0 million kWh, up 7.8%), while hydroelectric power plants (1,...

10/07/2025


Armenia currently choosing partner country for construction of new modular nuclear power plant, says PM

Armenia has made a strategic decision to build a new modular nuclear power plant, and all proposals are currently being reviewed, said Armenian Prime Minister Nikol Pashinyan. YEREVAN, October 1. /ARКА/. Armenia has made a strategic decision to build a new modular nuclear power plant, and all proposals are ...

10/01/2025


Safe operation of the Armenian Nuclear Power Plant is a strategic priority for Armenia – Pashinyan

... generations, Pashinyan said that every effort is being made to maintain the highest safety standards during the operation of the ANPP. "We regularly conduct verification and expert assessment missions, the reports of which clearly demonstrate that Armenia operates its nuclear power plant in accordance with IAEA safety standards, as evidenced by the absence of any incidents related to nuclear or radiation safety," he emphasized. Stating that this principle underpinned the extensive modernization carried out at the plant in recent years, the Prime Minister ...

09/26/2025


Pashinyan to Putin: Armenia is seeking suitable small modular nuclear power projects

Armenia is currently working and seeking suitable small modular nuclear power projects, said Armenian Prime Minister Nikol Pashinyan ... ... You correctly noted that we are closely cooperating with the Russian Federation and working to extend the life of the Armenian Nuclear Power Plant until 2036," he noted. According to the Russian president, Armenia has had a nuclear power plant for ...

09/26/2025


Armenia should build a Russian-designed power unit, says IAEA deputy director

The most logical thing for Armenia to do would be to build a new Russian-designed power unit, IAEA Deputy Director General and Head of the IAEA Department ... ... Energy Mikhail Chudakov told TASS on the sidelines of the World Atomic Week International Forum in Moscow. "Armenia needs a nuclear power plant, and the most logical thing to do is to build a new Russian-designed unit to replace the existing one. This ...

09/25/2025


Armenia outlines its strategic priorities for prolonging the operational lifespan of its nuclear power plant to IAEA

... nuclear units, and upholding the highest safety standards. Additionally, programs that are being implemented in collaboration with the IAEA and those planned for the upcoming years were discussed, including expert missions and initiatives for seismic safety assessments, as reported on the Armenian Nuclear Power Plant (ANPP) website. Throughout the session, the Armenian delegation engaged in several bilateral meetings, highlighting the significance of enhancing international cooperation, sharing expertise, and reinforcing regional nuclear safety....

09/22/2025


Electricity generation in Armenia rose by 5.6% to 5.6 billion kWh over 7 months

From January to July 2025, Armenia produced 5,557.6 million kWh of electricity, marking a 5.6% increase compared to the same period in 2024б according to ... ... plants contributed 27.2% of the total generation with a volume of 1,511.5 million kWh, showing a growth of 20.8%. The Armenian Nuclear Power Plant accounted for 25.2% of the generation, producing 1,403.2 million kWh, which is an increase of 0.4%. Solar ...

09/08/2025


Russian Foreign Ministry says Armenian Prime Minister Pashinyan likely to attend "Atomic Week" in Moscow

Maria Zakharova, the spokesperson for the Russian Foreign Ministry, suggested that Armenian Prime Minister Nikol Pashinyan's attendance at the Atomic Week in Moscow at the end of September is a possibility that ... ... complete range from small modular reactors to a new large modern facility," Zakharova concluded. The existing Armenian Nuclear Power Plant, the only one in the South Caucasus region, is located near the town of Metsamor, approximately 30 kilometers ...

08/29/2025


Armenia invited to first-ever Atomic Summit in Moscow

The first-ever Atomic Summit is set to take place in Moscow on September 23, organized by the Rosatom state corporation, and Armenia has been invited to participate. YEREVAN, August 22. /ARKA/. The first-ever Atomic Summit is set to take place in ... ... prolonged until 2026, and work on repeated prolongation for another 10 years is in progress.Armenian government wants to have a new nuclear power plant with a capacity of 1000-1,200 MW to be built in 8-10 years.-0-

08/22/2025


Pashinyan and Trump sign three memorandums of understanding between Armenia and the United States

Yesterday, during the meeting between Armenian Prime Minister Nikol Pashinyan and US President Donald Trump at the White House, the two leaders signed memorandums of ... ... and the United States has expressed its readiness to invest in this area. Specifically, regarding the construction of a new nuclear power plant, the United States will provide tangible support to Armenia. Regarding the third document, the MP noted that ...

08/09/2025


Three key documents signed between the US and Armenia following the meeting between Trump and Pashinyan in Washington - Khandanyan

A number of important and key documents were signed between the US and Armenia following the meeting between US President Donald Trump and Armenian Prime Minister Nikol Pashinyan in Washington. YEREVAN,... ... United States expresses its readiness to implement investments in this matter. In particular, in the issue of building a new nuclear power plant, the United States will provide tangible support to Armenia. In addition to nuclear energy, there is also ...

08/09/2025


Armenia's electricity generation increased by 4% to 4.7 billion kWh in six months

From January to June of 2025, Armenia generated 4,694.7 million kWh of electricity, which is 4% more than in the same period of 2024, according to the National ... ... Hydroelectric power plants accounted for 27.7% with a generation volume of 1,301.8 million kWh (a growth of 19%), while the Armenian Nuclear Power Plant accounted for 26.3% with a generation volume of 1,233.4 million kWh (a decline of 11.7%). Solar power plants ...

08/07/2025


Electricity generation in Armenia increased by 3.6% to almost 4 billion kWh in January-May

In January-May 2025, Armenia generated 3,992.9 million kWh of electricity, which is 3.6% more than in January-May 2024. This is evidenced by data published ... ... by the National Statistical Committee. The largest share of generated electricity - 30.9% - was contributed by the Armenian Nuclear Power Plant- 1,233.4 million kWh, a decline of 11.7%. The thermal power plants (output - 1,111.6 million kWh, a decline ...

07/09/2025


Electricity generation in Armenia increased by 4.9% to 3.3 billion kWh in January-April

In January-April 2025, Armenia generated 3,333.6 million kWh of electricity, which is 4.9% more than in January-April 2024. YEREVAN, June 6. /ARKA/.... ... National Statistical Committee of Armenia. The largest share of generated electricity - 34.7% - falls to the share of the Armenian Nuclear Power Plant: the volume of generation is 1,156.7 million kWh, a decline of 7.3%. The share of thermal power plants (generation ...

06/06/2025


Armenia and US discuss cooperation in the field of peaceful nuclear energy and mining

On Wednesday, Armenian Minister of Territorial Administration and Infrastructure David Khudatyan received a delegation from the US Department ... ... consistent support to Armenia, especially in the energy sector, as well as for the simulator recently installed at the Armenian Nuclear Power Plant with funding from the US government," Khudatyan wrote on Facebook. The minister highly appreciated the ...

06/05/2025


Capacity of all small hydropower plants in Armenia will be raised to 467 MW - head of PSRC

The number of small hydropower plants operating in Armenia will be increased to 207, and their total capacity will reach 467 MW. YEREVAN, May 15. /ARKA/. The number of small hydropower ... ... (6.5% more than in 2023). The largest contribution - 37.5%, belonged to thermal power plants. It was followed by the Armenian Nuclear Power Plant - 30.2%, hydroelectric power plants - 21.9%. Another 10.4% of production came from solar power plants, and ...

05/15/2025


Electricity generation in Armenia increased by 6.5% to 2.6 billion kWh in January-March

In the first quarter of 2025, Armenia's power plants generated over 2.6 billion kWh of electricity, which is 6.5% more than in the first quarter of 2024, the ... ... Committee said. The largest share of generated electricity - 36.2% of the total or 950.1 million kWh - was produced by the Armenian Nuclear Power Plant, a y/o/y increase of 0.3%. The thermal power plants produced 857.5 million kWh, a decrease of 18.6% (32.7% ...

05/08/2025


US Ambassador Talks Future of Armenia’s Nuclear Energy with Westinghouse Officials

US Ambassador to Armenia Kristina Kvien held a meeting on Tuesday with representatives from Westinghouse to explore the future of Armenia's nuclear ... ... appliances and electronics. The company is recognized globally for its advancements in nuclear technology. About the Armenian Nuclear Power Plant The Armenian Nuclear Power Plant, the sole facility of its kind in the South Caucasus, is situated near Metsamor,...

04/23/2025


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