  Armenian Nuclear Power Plant to suspend operations for 45 days July 5, 2014 - 18:07 AMT PanARMENIAN.Net - In early September, the Armenian Nuclear Power Plant (NPP) will be shut down for 45 days for planned repairs, Minister of Energy and Natural Resources said, according to Aysor.am. At the July 4 annual meeting of shareholders, Yervand Zakharyan informed of the planned signing of a deal between Armenia and Russia, with the latter to provide a $300 million loan to extend the NPP’s service life. The negotiations are in the final stage, the matter concerns a long-term loan at a low interest rate, the minister said. According to him, the construction of a new nuclear plant will cost $4.5 billion. The project is expected to start in 2018-2019.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |
