Tuesday, November 27 2018 18:57
Alexandr Avanesov

General Director: The extension of the program on extending the  service life of the second power unit of the ANPP until the end of  2021 is a normal practice

General Director: The extension of the program on extending the  service life of the second power unit of the ANPP until the end of  2021 is a normal practice

ArmInfo.The extension of the program to extend the service life of the second unit of the  Armenian Nuclear Power Plant (ANPP) until the end of 2021 is a normal  practice. On November 27, Evgeny Salkov, CEO of Rusatom Service, told  a question to ArmInfo in an interview with journalists.

According to him, the Armenian side appealed to the Russian Ministry  of Finance with a request to extend the repayment period for the main  loan and interest rates for the Russian loan of $ 270 million until  the end of 2021. "There is nothing terrible in this, the reasons are  the change in the amount of funding for the program. During the  project implementation, new additional needs emerged related to the  need to perform a number of technical tasks. It turned out that the  implementation of individual works would take more time, and there is  nothing reprehensible." - noted the general director. He ruled out  the possibility of rising costs or a rise in price of the loan, which  is provided on concessional terms and interest begins to be applied  from the moment the funds are used. "If they will be used later,  respectively, and the interest payment term will also be implemented  later. The Armenian and Russian Ministries of Finance should now  determine the exact terms of the renewal agreement, the financial  intergovernmental agreement (MEA) terms, which is a normal working  practice "- said Yevgeny Salkov.

He thanked the team of workers who completed a huge amount of work in  2018. "The year turned out to be a shock both for Armenian and  Russian specialists. And today we are celebrating one of the  milestones - the modernization of the third turbine unit, which is  evidence of the efficiency of teamwork," the general director said,  adding that 2019 will be even more difficult. It is necessary to  complete the scope of work, 2.5 times the volume of 2018. Therefore,  the load on the staff of the nuclear power plant and on the Russian  specialists will increase many times. "2018 was an excellent workout  when it was possible to work out practices of interaction in various  areas," Yevgeny Salkov said, expressing confidence that after 2019  the Russian side, together with Armenian partners, will continue to  implement the project.

Recall that as part of the project to extend the life of the ANPP,  the equipment was upgraded at one of the 2 turbine units of Unit 2.  Last week was marked by the connection of a modernized turbine unit  to the power network of the Republic of Armenia. During the tests,  the equipment reached a peak capacity of 238 MW.  The work on the  turbine unit started on June 1, 2018 and affected the modernization  of the turbine, the replacement of separators, steam superheaters,  the turbine generator, the excitation system, the replacement of  conductors and the block transformer. To accomplish this task, about  400 Russian specialists worked around the clock at the Armenian  Nuclear Power Plant together with their Armenian colleagues. Over the  past few years a huge amount of work has been done at the station. In  particular, the service life of more than 2,500 units of specialized  components, systems and structures was extended, deliveries of heavy  and large-sized equipment were made (a total of more than 70 railway  cars of modern, high-tech equipment).  This was made possible thanks  to the professionalism, skillful organization and well-coordinated  work of Russian and Armenian specialists.

All work on the project will be completed by the end of 2021, and  Armenia will receive a station equipped with modern equipment, and  its safety will be close to world standards. The project to modernize  and extend the service life of the Armenian NPP is being implemented  within the framework of the Intergovernmental Agreement (MPS) between  Armenia and Russia and its main task is to restore the plant's life  and extend the plant for 10 years until 2026. The Ministry of  Railways provides a loan to the Armenian side in the amount of $ 270  million and a grant in the amount of $ 30 million, which will be  directed to work to improve the safety and efficiency of operation of  the station. 

POST A COMMENT
Input digits     


News
Expert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisionsExpert: When there is no trust between private and public sectors,  unfortunately, there is no need to talk about right decisions
Armenia introduces new rules for labeling carbonated, non-carbonated  watersArmenia introduces new rules for labeling carbonated, non-carbonated  waters
Arsen Bazikyan: Armenia`s agriculture is transforming into  agribusinessArsen Bazikyan: Armenia`s agriculture is transforming into  agribusiness
Armenia to join e-CMR protocolArmenia to join e-CMR protocol
Armenia`s government changes Kaps reservoir project funding Armenia`s government changes Kaps reservoir project funding 
Armenian FM, minister of economy of Saudi Arabia discuss development  of economic ties Armenian FM, minister of economy of Saudi Arabia discuss development  of economic ties 
IMF upgrades Armenia`s GDP growth forecast for 2024 from 5% to 6%,  expecting inflation at 3.1% and unemployment at 13%IMF upgrades Armenia`s GDP growth forecast for 2024 from 5% to 6%,  expecting inflation at 3.1% and unemployment at 13%
Armenia`s Deputy PM, Veolia Vice President discuss problems with  water supply to consumers Armenia`s Deputy PM, Veolia Vice President discuss problems with  water supply to consumers 
EEC Board decided to liberalize certain categories of precious  metals` import/exportEEC Board decided to liberalize certain categories of precious  metals` import/export
Earthquakes, drought could affect Armenia`s debt sustainability -  EFSDEarthquakes, drought could affect Armenia`s debt sustainability -  EFSD
Converse Bank starts initial placement of next AMD, USD bonds in  amount of AMD 5 billion, $10 millionConverse Bank starts initial placement of next AMD, USD bonds in  amount of AMD 5 billion, $10 million
USAID releases fact sheet following Joint EU-US-Armenia High Level  Meeting in Support of Armenia USAID releases fact sheet following Joint EU-US-Armenia High Level  Meeting in Support of Armenia 
Expert: Armenia has the potential to get high-quality and abundant  harvest of apricots this yearExpert: Armenia has the potential to get high-quality and abundant  harvest of apricots this year
EFSD presents assessment of potential impact of natural disasters on  debt sustainability of Armenia, Kyrgyzstan and TajikistanEFSD presents assessment of potential impact of natural disasters on  debt sustainability of Armenia, Kyrgyzstan and Tajikistan
Armenia is considering appointing attache in Silicon ValleyArmenia is considering appointing attache in Silicon Valley
Astana proposes joint investment programmes in Yerevan Astana proposes joint investment programmes in Yerevan 
Armenia, Kazakhstan have unrealized economic potential - premier Armenia, Kazakhstan have unrealized economic potential - premier 
Armenia, EU discuss expansion of economic cooperation Armenia, EU discuss expansion of economic cooperation 
Transavia airline starts operating route Lyon-Yerevan-LyonTransavia airline starts operating route Lyon-Yerevan-Lyon
EAEU and its economic principles should not be mixed with political  ambitions - Nikol PashinyanEAEU and its economic principles should not be mixed with political  ambitions - Nikol Pashinyan
Armenia, Australia to strengthen cooperation in high-tech field Armenia, Australia to strengthen cooperation in high-tech field 
Leasing EXPO -2024 officially opened in YerevanLeasing EXPO -2024 officially opened in Yerevan
Araratbank to double leasing portfolio by end of 2024Araratbank to double leasing portfolio by end of 2024
Armenian, Kazakh passenger and cargo carriers to be exempted from  road and environmental taxes on reciprocal basis Armenian, Kazakh passenger and cargo carriers to be exempted from  road and environmental taxes on reciprocal basis 
Economy Ministry jointly with Armenal, develop schemes to diversify  sales markets for enterprise`s productsEconomy Ministry jointly with Armenal, develop schemes to diversify  sales markets for enterprise`s products
Info about IT specialists leaving Armenia en masse has nothing to do  with reality - premierInfo about IT specialists leaving Armenia en masse has nothing to do  with reality - premier
WB improves Armenia`s   economic growth forecast for 2024 from 4.7%  to 5.5% WB improves Armenia`s   economic growth forecast for 2024 from 4.7%  to 5.5% 
Government is ready to share risks with agricultural insurersGovernment is ready to share risks with agricultural insurers
EIB to issue loan under energy efficiency programme to Armenia EIB to issue loan under energy efficiency programme to Armenia 
Deadline for filing personal income declarations in Armenia may be  extendedDeadline for filing personal income declarations in Armenia may be  extended
ADB intends to expand its areas of activity in ArmeniaADB intends to expand its areas of activity in Armenia
ADB forecasts 5.7% economic growth for Armenia in 2024ADB forecasts 5.7% economic growth for Armenia in 2024
Conversebank to present its Converse Leasing product at annual  Leasing ExpoConversebank to present its Converse Leasing product at annual  Leasing Expo
By rebranding, INGO Armenia IC begins new stage of developmentBy rebranding, INGO Armenia IC begins new stage of development
Some countries refusal to service Russian Mir bank cards against  common interests - Elvira NabiullinaSome countries refusal to service Russian Mir bank cards against  common interests - Elvira Nabiullina
USAID to invest additional $33mln in Armenia`s economy USAID to invest additional $33mln in Armenia`s economy 
Idplus Bonuses in Idram&IDBank ApplicationIdplus Bonuses in Idram&IDBank Application
Deputy PM: we are ready for any assistance to contribute cargo  aviation establishmentDeputy PM: we are ready for any assistance to contribute cargo  aviation establishment
Mkhitar Hayrapetyan on TV broadcasting agreement with RF: If our  proposals are not taken into account, we do not rule out possibility  of terminating agreement unilaterallyMkhitar Hayrapetyan on TV broadcasting agreement with RF: If our  proposals are not taken into account, we do not rule out possibility  of terminating agreement unilaterally
Armenia, Iran discuss organization of joint production in various  branches of economy Armenia, Iran discuss organization of joint production in various  branches of economy 
ADB ready to fund northern section of Sisian-Kajaran highway of  North-South transport corridor  ADB ready to fund northern section of Sisian-Kajaran highway of  North-South transport corridor  
Armenia`s Ministry of High-Tech Industry developing sectoral strategy Armenia`s Ministry of High-Tech Industry developing sectoral strategy 
Armenia`s footwear exports to Russia 11 times up Armenia`s footwear exports to Russia 11 times up 
EDB sets course for digital future of transportation at joint EEC and  ESCAP eventEDB sets course for digital future of transportation at joint EEC and  ESCAP event
Team`s Next Generation Networ is already available in AshtarakTeam`s Next Generation Networ is already available in Ashtarak
Kazakhstan`s potential exports to Armenia total $350mln - minister Kazakhstan`s potential exports to Armenia total $350mln - minister 
Armenia`s economy to face crisis if Moscow severs economic ties with  Yerevan - ex-premier Armenia`s economy to face crisis if Moscow severs economic ties with  Yerevan - ex-premier 
Acquisition of Ameriabank by BOGG PLC int`l financial group completedAcquisition of Ameriabank by BOGG PLC int`l financial group completed
Armenian service sector generated revenue of $1.2 billion in first  two monthsArmenian service sector generated revenue of $1.2 billion in first  two months
EEC: EAEU common electricity market is at high level of readinessEEC: EAEU common electricity market is at high level of readiness
Armenia`s metallurgical industry increased production volumes by 37%  in first 2 monthsArmenia`s metallurgical industry increased production volumes by 37%  in first 2 months
Idram and IDBank participated in the signing ceremony of the Declaration of Women`s Empowerment PrinciplesIdram and IDBank participated in the signing ceremony of the Declaration of Women`s Empowerment Principles
US supports building of strong transport corridor from Turkiye  to  Central AsiaUS supports building of strong transport corridor from Turkiye  to  Central Asia
EFSD contributes to modernization of Armenia`s irrigation systemEFSD contributes to modernization of Armenia`s irrigation system
ADB to issue EUR 60.09mln loan to Armenia for urban development  programmes ADB to issue EUR 60.09mln loan to Armenia for urban development  programmes 
EIB to issue EUR 25mln loan to Armenia for 2nd phase of energy  efficiency programme in Yerevan EIB to issue EUR 25mln loan to Armenia for 2nd phase of energy  efficiency programme in Yerevan 
Armenia`s clothing exports to Russia 1.5 times up Armenia`s clothing exports to Russia 1.5 times up 
Armenia needs alternative if leaves EAEU - expert Armenia needs alternative if leaves EAEU - expert 
Diagnosis from Prime Minister: Armenia`s irrigation system is deadDiagnosis from Prime Minister: Armenia`s irrigation system is dead
CECC business mission to visit Armenia  CECC business mission to visit Armenia  
Read more


Exchange rates
18.04.2024
RUB4.190.00
USD394.07-1.03
EUR420.750.36
GBP491.72-0.42
CAD286.470.33
JPY25.52-0.03
CNY54.44-0.14
CHF433.660.15