ARMENIA ANNOUNCES TENDER FOR NUCLEAR REACTOR

RIA Novosti
18:32 | 23/ 02/ 2009

YEREVAN, February 23 (RIA Novosti) – Armenia announced on Monday a
tender for the construction of a new reactor for the country’s sole
nuclear power plant.

Armenia seeks a new 1,000 MW reactor for the nuclear power plant,
built in 1980 about 30 kilometers (19 miles) west of the capital,
Yerevan, which was shut down after a devastating earthquake in 1988
but reactivated in 1995 due to energy shortages caused by blockades
imposed by Azerbaijan and Turkey.

The ex-Soviet Caucasus state’s energy and natural resources ministry
estimated the project at about $5 billion.

"Individuals and firms are welcome to take part in the tender,"
ministry spokesperson Lusina Arutyunyan said. "The deadline for filing
bids is April 1."

Armenia’s parliament abolished state monopoly on the ownership of new
reactors at the plant in 2006 in a bid to attract foreign investment.

Russia, the United States and France have shown interest in the
project.

One of the plant’s two VVER-440 Model V230 reactors has been shut
down. The other generates 40-50% of the country’s electricity.

The plant has been operated by Russia’s Inter RAO UES since 2003, as
part of a 10-year deal to help pay off Armenia’s debts. The facility
will reach the end of its operational life by 2016.