President says Armenia nuke plant will work at least until 2027November 1, 2017 - 18:49 AMT PanARMENIAN.Net - The Metsamor nuclear power plant will operate at least until 2027, Armenian president Serzh Sargsyan said in an interview with RIA Novosti, adding that speculations about the closure of the station are artificial and have nothing to do with reality. "In the draft agreement with the EU, the paragraph in question takes into account the objective operational life of Metsamor NPP," the president explained. "The Armenian government decided in March 2014 to extend the plant's life. The project will be financed with a Russian state export credit of $270 million and a grant of $30 million. Work is currently underway with Rosatom for extending the lifetime of the second power unit. What is more important, however, is that the NPP operates in full accordance with the IAEA criteria, according to relevant international agencies. Alongside modernization, measures are being taken to improve the operational safety. So the Metsamor NPP will work at least until 2027." He confirmed once again that after signing the agreement with the EU in November, the nuclear power plant won't be closed down. "No such paragraph is included in the agreement," he said. 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 | Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. |