Tender for Armenian nuclear power station

The Armenian Government has announced a tender for holding a competition which will identify which company should undertake the construction of a new nuclear power station in the country. In 38 days the tender commission will announce the winner of this tender, who will then hold the competition and thereby identify the most appropriate power station constructor.

Armenia intends to construct a nuclear power station by 2016, with a capacity of 100 megawatts. The approximate cost of the project will be USD 5 billion. The country plans to mothball its existing nuclear power station in 2016 when the new one is ready to replace it. The present nuclear power station produces around 45% of the electricity consumed in the country. The Russian Inter-Rao company has a contract to run it until 2013.

PM Tigran Sarkisian highlights the economic as well as political importance of this project. He welcomes Russian as well as Turkish participation in it.