TBILISI: Russia Ready To Fund New Nuclear Power Plant In Armenia

RUSSIA READY TO FUND NEW NUCLEAR POWER PLANT IN ARMENIA
By M. Alkhazashvili
(Translated by Diana Dundua)

The Messenger, Georgia
May 2 2007

According to the Russian news agency Regnum, the Armenian government
announced that an agreement has been reached between Russia and Armenia
about Russia funding the construction of a new nuclear power plant
in Armenia. In return, Russia will become the co-owner of the plant.

Armenia says it must build a new nuclear power plant to meet the
country’s electricity demands. The current plant at Metsamor is
severely outdated. Closing down the existing station will cost USD 240
million. The deadline is 2016, but under the European Neighbourhood
Policy plan Armenia signed, they agreed to close the power plant in
a shorter period of time.

The existing station provides Armenia with approximately half of its
electricity needs. It consists of two reactors which have a total
capacity of 815 MWe.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS