ARMENIA INTENDS TO ANNOUNCE PUBLIC OFFER OF A NOT-LARGE PACKAGE OF SHARES IN THE PROJECT OF NEW NUCLEAR POWER UNIT

ArmInfo
2009-12-14 13:47:00

ArmInfo. Armenia intends to announce a public offer of a not-large
package of shares in the project of the new nuclear power unit of
the Armenian NPP, Armenian Prime Minister Tigran Sargsyan told media
on Monday.

He said this issue was discussed with Russian Prime Minister Vladimir
Putin and Head of RosAtom Sergey Kirienko, who welcomed the idea. "We
are going to realize this idea in future," he said. This will allow
the citizens of Armenia to participate in the project and invest in
securities, the prime minister said.

He said that the model of the new power unit for the Armenian NPP
has already been selected. It is an analogue of the project of NPP
in Bulgaria that involved many countries including Russia. Tigran
Sargsyan said that the financial crisis did not hold Russia and other
countries and organizations from participating in the project.

As it was reported earlier the Russian AtomStroyExport jointly with
Armenia will carry out construction and assembly of the new power unit
of the Armenian NPP to install a Russian reactor of 1060 MW with 60
years of exploitation period and European security certificate. The
preliminary estimation of the project is nearly $4 billion.