Armenia to start nuclear plant build in early 2011
Armenia will tackle construction of a new nuclear
power plant in early 2011, Energy Minister Armen Movsisyan has
said.
He said that, according to preliminary estimates, building the station will cost about $5 billion and it will be constructed in the area of the existing Metsamor facility.
The Armenian government said last week that WorleyParsons, a major Australian provider of services to the energy and complex process industries, has won a tender announced for the project, and both sides hope to sign a relevant agreement soon.
Movsisyan said the next step is completing engineering work for the power plant and selecting an investor through another tender.
The power station currently in operation supplies over 40 percent of Armenia`s needs for electricity. The new facility will have a capacity double that of the Metsamor plant.
Metsamor, a Soviet-era power plant, is slated for demolition in 2017.
He said that, according to preliminary estimates, building the station will cost about $5 billion and it will be constructed in the area of the existing Metsamor facility.
The Armenian government said last week that WorleyParsons, a major Australian provider of services to the energy and complex process industries, has won a tender announced for the project, and both sides hope to sign a relevant agreement soon.
Movsisyan said the next step is completing engineering work for the power plant and selecting an investor through another tender.
The power station currently in operation supplies over 40 percent of Armenia`s needs for electricity. The new facility will have a capacity double that of the Metsamor plant.
Metsamor, a Soviet-era power plant, is slated for demolition in 2017.
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