Tuesday, September 13 2016 14:40
Alexandr Avanesov

Armenian nuclear power plant (NPP) to be taken offline for regularly scheduled maintenance on September 20

Armenian nuclear power plant (NPP) to be taken offline for regularly  scheduled maintenance on September 20

ArmInfo. Armenian nuclear  power plant (NPP) will be taken offline for regularly scheduled  maintenance on September 20 until November 20, Movses Vardanyan, the  Armenian NPP Director General, told ArmInfo.  

Standard procedures will be carried out within the two months of the  plant's suspension. In addition, under the Lifetime Extension Project  of Unit No.2 of the Armenian NPP, a complex of measures will be taken  to probe the state of the reactor vessel and the equipment of the  primary coolant equipment of the nuclear island. Afterwards, the  modernization project will undergo changes basing on the accurate  data on the state of the equipment, metal, management system  pipelines and many others.

"It is important to make sure that the equipment of the Plant is  ready for further service," Movses Vardanyan said.

After the maintenance, the NPP leadership will apply to the State  Committee Regulating Nuclear Security for permission for further  operation. 

Part of the maintenance activities will be funded from the Russian  loan of 270 million dollars. 5.7 million dollars will be provided for  the operation inspection. Russian Vnesheconombank provides the credit  funds after signing of the necessary acts on it. By the end of the  year, acts for a total of 27 million dollars will be signed.   Besides, there is an advance amount that is provided from the Russian  grant of 30 million dollars.  Contracts for 180 million dollars will  be made by the end of 2016 to import turbo-aggregates, organize  capital repair of 4 diesel generator pumps and other activities. 

After the maintenance, a final program to extend the lifetime of the  unit No.2 for 10 years will be developed. Vardanyan recalled that the  decision to extend the lifetime of the power unit for 10 years was  adopted by the government of Armenia, but the new equipment to be  installed at the Plant is designed for 30 years. In his words, in  2026, it will be possible to extend the lifetime again but with  minimum costs.  In September 2016 the lifetime service of the unit  No.2 of the Armenian NPP will be 30 years and theoretically the plant  will be able to generate power for another 30 years after the  necessary activities. 

"After the maintenance activities, the capacity of the Plant will  increase by 40-50MW and it will be able to generate additional  400million kWh electric power without additional fueling," Vardanyan  said. 

To service the Russian loan, after 2020 the NPP is going to apply to  the Regulator to raise the tariff for the Plant. However, if the  relevant funds are saved and the 200 mln USD project is implemented,  the need to raise the tariff will fall off. The loan will be serviced  at the expense of spare megawatts. "Anyway, the tariff is most likely  to grow and this will happen after 2020," he said.

POST A COMMENT
Input digits     


News
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  
Armenia joins International Solar AllianceArmenia joins International Solar Alliance
Armenian NPP to be under maintenance repair Armenian NPP to be under maintenance repair 
Brett King: Banks should be ready to implement AIBrett King: Banks should be ready to implement AI
Expert: There is no alternative to digital transformationExpert: There is no alternative to digital transformation
Arman Barseghyan: technically, Ameriabank is a digital bank Arman Barseghyan: technically, Ameriabank is a digital bank 
1.2% y-o-y inflation in Armenia`s consumer market in March 2024 was  caused by drop in food prices 1.2% y-o-y inflation in Armenia`s consumer market in March 2024 was  caused by drop in food prices 
Zakharova assures: consequences of stopping service of MIR cards in  Armenia to be higher than hypothetical damage of Western restrictionsZakharova assures: consequences of stopping service of MIR cards in  Armenia to be higher than hypothetical damage of Western restrictions
Amulsar`s development to start in late 2024 or early 2025: Babken  TunyanAmulsar`s development to start in late 2024 or early 2025: Babken  Tunyan
Armenia`s economic authorities ready to reduce size of proposed state  duty on export of gold, platinum and palladium barsArmenia`s economic authorities ready to reduce size of proposed state  duty on export of gold, platinum and palladium bars
Armenia`s government proposes new mechanism top encourage honest  taxpayers Armenia`s government proposes new mechanism top encourage honest  taxpayers 
Delay in Armenia-Georgia power line construction directly related to  Yerevan`s Delay in Armenia-Georgia power line construction directly related to  Yerevan`s "enclave policy" - professor 
4.017.648 Drams to My Forest Armenia: April Beneficiary of The Power of One Dram is 4090 Foundation4.017.648 Drams to My Forest Armenia: April Beneficiary of The Power of One Dram is 4090 Foundation
AraratBank: General Partner of Face-to-Face Regional ForumAraratBank: General Partner of Face-to-Face Regional Forum
"Ucom", "Team Telecom" and "Rostelecom" also turned off broadcast of  TV show with participation of Vladimir Solovyov
Read more


Exchange rates
15.04.2024
RUB4.230.02
USD395.761.92
EUR421.762.44
GBP494.383.26
CAD288.061.61
JPY25.710.01
CNY54.670.25
CHF433.332.20