RA NSC APPROVES NEW POWER-GENERATING UNIT CONSTRUCTION

/PanARMENIAN.Net/
20.05.2009 19:27 GMT+04:00

/PanARMENIAN.Net/ Armenian President Serzh Sargsyan chaired Wednesday
a meeting of RA National Security Council, which approved construction
of a new power-generating unit in the republic, the RA leader’s press
office reported.

Armenian Minister of Energy and Natural Resources stressed the
importance of the measure in the long-term outlook and said the
construction will estimate $4-5 billion. The exact figure will be
known after all necessary researches are completed.

Armenia is planning to build a new power-generating unit with 1000
megawatt capacity. WorleyParsons international consortium won the
construction tender on May 12.

To attract foreign capital, the Armenian parliament cancelled the
state monopoly of new nuclear units. Russia, U.S. and France have
already shown interest in the project.