Wednesday, October 26 2016 17:06
Naira Badalian

AERTC is interested in implementation of nuclear projects in Armenia

AERTC is interested in implementation of nuclear projects in Armenia

ArmInfo. There is no information  about the intentions of AERTC to participate in nuclear projects in  Armenia. Deputy Minister of Energy Infrastructures and Natural  Resources Areg Galstyan told ArmInfo's correspondent that this news  is interesting, but nothing is known about the company's intentions. 

Earlier in a talk to ArmInfo's correspondent Dr. Sam M. Saeed, Chief  Technology Officer of AERTC, stated that the company is interested in  participating in nuclear projects in Armenia. According to Saeed the  package of proposals related to construction of new nuclear unit in  Armenia is currently on the table of negotiations. Sam Saeed assured  that the proposals envisage both modernization of the running power  unit using new technologies and construction of the new NPP. The  project implementation will be possible within framework program till  2020. To note, Rusatom Service part of Rosatom, implements the  project of modernization of the second unit of the Armenian Nuclear  Power Plant. 

To recall, in March 2014, the Armenian Government adopted a decision  to extend the lifetime of the unit No.2 of the NPP in view of the  delay with the construction of the new power unit.  At the current  stage, the Lifetime Extension Project of unit No.2 of Armenian NPP is  being implemented with the participation of Rusatom Service's  specialists.  The NPP will be modernized at the expense of the  Russian  $270 mln loan and the Russian $30 mln grant funds.  The  project will be implemented by the late 2019.

The Advanced Energy Center (AERTC) is located in the Research &  Development Park at Stony Brook University, USA.  The Center's  mission is innovative energy research, education and technology  deployment with a focus on efficiency, conservation, renewable energy  and nanotechnology applications for new and novel sources of energy. 


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Government Bonds

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10 billion

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Volume of submitted competitive applications

200 million

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