“I do not rule out the opportunity of building a new nuclear power plant in Armenia,” Armenian President Robert Kocharianstated when addressing the students and the professors of Yerevan State University, Regnum news agency reported. When answering a question of a YSU student about the measures being taken by the Armenian authorities to provide for the energy security of the republic, Mr. Kocharian said, “speaking of the Armenian Nuclear Power Plant one should remember the faces of those people, who in their time stopped the ANPP – there could have not been a greater damage to Armenia: dark days, energy and economic crisis were not the consequences of the war in Karabakh, but the closing of the ANPP,” the President emphasized. In his words, today the Government of Armenia considers the prospects of alternative or restorable energy. “There is a large program on the building of a hydroelectric power station on the Arax river available (according to certain data, the Armenian-Iranian program cost is $90), there are 70 programs on the building of small hydroelectric power plants, some 24 out of which are already at the stage of realization. At the next yearend the program of reconstruction of the Yerevan heat-electric generating plant (being implemented by means of a credit of the Japanese Government of $150.2 million) will begin. With the support of the World Bank serious hydrothermal energy research is held in the region of Sisian town, which can evolve into an investment program,” the President noted, adding that the Iran-Armenia gas pipeline, the building of which started this month, contributes to the enhancement of the energy security of Armenia. It should be reminded that being composed of two energy blocks of 815MW, the ANPP is built in 1976, however it was closed in 1988, which caused acute energy crisis. The second block of the station having the capacity of 407.5 MW resumed work in 1995. The EU insists on closing the station, suggesting 1 million euros financing. However, the representatives of the Armenian Government state that the creation of alternative energy sources will cost no less than $1 billion. At present the ANPP is managed by Inter RAO EES CJSC, which is a branch structure of RAO EES of Russia.
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