  $120mln directed for securing safe exploitation of Armenian NPP April 20, 2011 - 14:50 AMT PanARMENIAN.Net - Chairman of the State Nuclear Safety Regulatory Commitее Ashot Martirosyan said that $120mln have been directed for securing safe exploitation of the Armenian Nuclear Power Plant (NPP) since 1993. Another $20mln will be spent until 2016 to implement the envisaged measures under the program on increasing the NPP safety, Martirosyan told a press conference in Yerevan. The Metsamor NPP, which has been operated since 1976, is located in a seismic zone, around 30km west of Yerevan, Armenia’s capital. After the 1988 disastrous earthquake in Spitak, the Armenian authorities decided to close the nuclear plant. In 1993 the NPP was re-launched. Early in 2011 Armenian Minister of Energy and Natural Resources Armen Movsisyan stated that the operating energy unit of the Armenian NPP will be exploited until a new energy unit is constructed.   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 Get Started: An educational platform for young startuppers  The Get Started program which operates in two phases is an important platform for young startuppers.Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan.Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months.Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |
