New energy unit of Armenian nuclear power plant to be exploited in 2026

YEREVAN, NOVEMBER 4, ARMENPRESS: The government of Armenia expects to sign an interstate agreement on prolonging the service term of the 2nd energy unit of the Armenian nuclear power plant with the Russian government by the end of the year, Deputy Minister of Energy and Natural Resources Ara Simonyan stated at the preliminary discussion of the state budget at the National Assembly. “Subsequently that agreement will be submitted to the National Assembly for discussion and ratification,” Ara Simonyan said, Armenpress reports.

He stressed that within the frameworks of the agreement they will carry out joint works with RosatomState Atomic EnergyCorporationin the direction of prolonging the term of the current energy unit till 2026. 300 million dollars is intended to spend for implementation of the project, 270 million of which will be credit facilities, and the 30 million – grants.

Ara Simonyan informed that the new energy unit of the Armenian nuclear power plant is intended to put into operation in 2026.