Pan Armenian News
ARMENIAN PRESIDENT SIGNED LAW ON BUILDING STORAGE FOR PROCESSED NUCLEAR FUEL
21.06.2005 02:25
/PanARMENIAN.Net/ Armenian President Robert Kocharian yesterday signed the
Law on building of storage for nuclear fuel processed at the Armenian
Nuclear Power Plant (NPP), the Press Service of the Armenian leader told
PanARMENIAN.Net. The first storage of the king for the Armenian NPP was
built in Armenia in 2000. The law in question provides for building of a
second storage with an exploitation term of about 50 years. As the Armenian
Minister of Energy reported earlier, the building of the new depository will
cost some 10 million euros. It should be reminded that the Armenian NPP is
conveyed to trust management of Inter RAO UES CJSC, which is a branch
establishment of RAO UES of Russia and Rosenergoatom Concern, for 5 years.
The EU insists on the closure of the NPP and has suggested to allocate 100
million euros to that end. The Armenian party considers the NPP can function
for at least 15 years, as well as alternative energy sources should be found
before conservation and some $1 billion will be needed for that, Regnum news
agency reported.