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interfax: IAEA studies possibility for new unit at Armenian nuclear plant

Yerevan. (Interfax) – The International Atomic Energy Agency is studying the possibility of building a new power-producing unit at Armenian Nuclear Power Plant as one option for energy development in the republic until 2020, Deputy Armenian Energy Minister Areg Galstyan told journalists on Friday.

He said that IAEA specialists, together with Armenian energy companies, have carried out the corresponding research, which will be published in the near future.

The capacity of Armenian Nuclear Power Plant, which has two power- producing units, amounts to 815 megawatts. Gagik Markosyan, the plant’s general director, said that $1.5 would be needed to build a plant with the same capacity in Armenia.

Galstyan said that in 2003 Armenian Nuclear Power Plant plans to produce about 2 billion kWh of electricity, which accounts for 35% of total electricity production in the republic.

Markosyan said that in the past eight years, since the second power-producing unit was re-launched in 1995, the plant has produced 16 billion kWh of electricity. In this period $47 million was provided to ensure safety at the plant, including $35 million from the U.S. and $12 million from the European Union.

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