July 14, 2010 - 14:30 AMT
Armenia to publish feasibility study on construction of NPP new unit

Armenian Minister of Energy and Natural Resources Armen Movsisyan said that the feasibility study on construction of a new unit of the Nuclear Power Plant (NPP) will be published soon.

The works are implemented in compliance with the schedule, while the feasibility study is near completion and will be published soon, Movsisyan told journalists.

Besides Russia, some 6-7 countries display interest towards the NPP. "All of them are waiting for the feasibility study's publication, which will be followed by discussion of further steps with stakeholders," noted Movsisyan.

Armenia is envisaging construction of NPP's new unit with capacity of around 1000MW. According to specialists, the project cost may total $5bln. Construction works are scheduled for the beginning of 2011.

The Armenian Nuclear Power Plant is located near Metsamor town. The station was put into commission in 1976. Currently, only the plant's second unit with capacity of 407.5MW is operating. According to specialists, the NPP may function until 2016.