September 11, 2013 - 18:08 AMT
Armenian Nuclear Power Plant to export nuke agents to Russia

A draft resolution envisaging provision of a license to Armenian Nuclear Power Plant CJSC for nuclear agents’ export to Russia was included in the September 13 governmental sitting agenda.

Armenian Nuclear Power Plant has already singed a nuke agents’ export deal with Russia’s TVEL Ltd.

Armenian Nuclear Power Plant, currently operative, was launched in 1976. The plant was shut down over political reasons in 1989, with a 404-megawatt NPP unit relaunched in 1995.

Armenia is planning to build a new 1000-megawatt unit, with an estimated implementation cost of $5 billion.

TVEL Ltd. is a Russian manufacturer of nuclear fuel, with 100% of company’s stocks owned by Atomenergoprom OJSC; the company unites Russian civil nuclear industry.