RUSSIA HOPES TO WIN TENDER FOR CONSTRUCTION OF NPP IN ARMENIA – KIRIYENKO

Interfax
Russia & CIS General Newswire
February 6, 2008 Wednesday 11:23 AM MSK

Russia is going to place its bid in a tender for the construction of
a new nuclear power plant in Armenia, director of the Rosatom state
corporation Sergei Kiriyenko said.

"There will be a tender. We are ready to take part in it. We have a
good chance to win it," Kiriyenko told journalist in Yerevan,

The construction of the NPP should begin either in 2010 or in 2011,
he said.

Russia hopes to win tender for construction of NPP in Armenia –
Kiriyenko (Part 2)

YEREVAN Feb 6

Russia is going to place its bid in a tender for the construction of
a new nuclear power plant in Armenia, director of the Rosatom state
corporation Sergei Kiriyenko said.

"There will be a tender. We are ready to take part in it. We have a
good chance to win it," Kiriyenko told journalist in Yerevan,

The construction of the NPP should begin either in 2010 or in 2011,
he said.

A joint Russian-Armenian geological prospecting and uranium production
enterprise will be established, he said. The Russian and Armenia
sides will each hold a 50% stake in this enterprise, he said.

"The first groups of prospectors were deployed in 2007, According to
our assessments, possible uranium reserves are at about 30,000 tonnes,
so the project may be profitable," Kiriyenko said.

Four geological prospecting expeditions will be sent this year and
Russia will spend about $3 million on this, he said.

The joint enterprise will have access to all Russian geological
archives about Armenia, he said.