NEW ARMENIAN NPP TO BE BUILD IN 4.5 YEARS

PanARMENIAN.Net
07.09.2007 17:31 GMT+04:00

/PanARMENIAN.Net/ Building of a new nuclear power plant will cost
some $2 billion, Energy Minister Armen Movsisyan said Friday at a
joint sitting of the National Assembly committees.

"Presently, we are elaborating a technical and economic scheme of
the project jointly with Russia, U.S. and the International Atomic
Energy Agency. The new nuclear power plant will supposedly be built
at the basis of the old one during 4.5 years," the Minister said.

He said the construction will demand a great deal of work,
specifically, in the seismological security sector.

Armenia should permanently have nuclear power and the ANPP should
work until the republic is supplied by alternative powers, Mr
Mosvisyan said.

"Given the efforts of the Armenian government, many foreign states have
come to understand that Armenia should have a nuclear power plant. A
new nuclear power plant is the only alternative to the functioning
one," he underscored, Novosti Armenia reports.