Pan Armenian News

BUILDING NEW NUCLEAR PLANT FAVORABLE TO ARMENIA

24.09.2005 03:06

/PanARMENIAN.Net/ In case of closure of the Armenian (Metsamor) Nuclear
Power Plant (NPP) building a new NPP or generation of electric power on the
basis of gas may be an alternative source to Armenia, Minister of Energy
Armen Movsisyan told journalists yesterday. In his words, the building of a
new NPP is more profitable and it will cost approximately $800 million.
However, as noted by the Minister, there are no funding sources for the
project at the moment. At the same time A. Movsisyan expressed an opinion
that Armenia will not experience any problems with the international
community in the building of the new NPP, reported the Yerkir newspaper.