May 13, 2009 - 16:15 AMT
WorleyParsons International Consortium will take up new power unit construction in Armenia
WorleyParsons International Consortium won a tender for new nuclear power unit construction in Armenia, announced on Feb. 23, 2009, RA State Purchases Department Press Service reported.

WorleyParsons will assist RA Government throughout the course of construction.

WorleyParsons Limited ASX: WOR is a large Australian provider of professional services to the energy, resource, and complex process industries. It is often cited as being Australia's largest engineering firm and is also one of the world's largest engineering design firms. The company has a market capitalization greater than AU$4 billion, and makes up 0.29% of the S&P/ASX 200 index (June 2008).

Armenian plans the construction of a 1000-megawatt nuclear power unit, construction costs totaling around USD 5 billion. In 2006 the Armenian Government abolished state monopoly for new nuclear power units to attract foreign investments. Construction works will be launched in 2011