ArmInfo. Armenian Nuclear Power Plant plays an important role in socio-economic and political life of the Republic, stated Gagik Makaryan, Chairman of the Republican Union of employers. According to him, the plant together with hydropower objects has essential affect on keeping the price balance for electric power, which affects positively both the development of economy of the country, and the social situation of the citizens in the country. Besides, the existence of Nuclear Power Plant is the supporting factor for our aggressive neighbors. Pointing the consummation of the resource of exploitation of the plant, the expert stressed the importance of the implementation of the 2nd Unit lifetime extension project, producing from 30 to 40 percents of all the energy power producing in Armenia.
Gagik Makaryan reminded that currently the searches of investors are being done for building new ANPP bloc. However, according to him, taking into account the high price of the project which needs billion of dollars to raise , it is necessary to develop the optional energy, including wind and solar. According to him Armenia, thanks to specific geographical position, has all the necessary potentials for the development of renewal sources of generation. As the expert noted, the data of the source will cost Armenia much higher than the energy power, produced at ANPP and HPP. Nevertheless, using the instruments of increasing the effectiveness, using the innovative technologies, it is possible to reach the reduction of the tariffs of energy power, using the data of means of operation.
Armenian Government made a decision on ANPP 2nd Unit lifetime extension in March 2014, related with the holdbacks in the buildings of new nuclear energetic bloc. RosAtom together with Armenian experts arranged to work on the implementation of the project on prolonging the terms of ANPP exploitation for 10 years, till 2026. It is scheduled that the works will pass 5 year and end in 2019. Russia funded Armenia for these aims state export credit in the sum of $270 mln and grant of $30mln.