Thursday, May 18 2017 17:19
Alexandr Avanesov

NPP: Armenian AEP for NPP has a determined role

NPP: Armenian AEP for NPP has a determined role

ArmInfo. Armenian AEP has a  determined role for NPP Armenia, Karen Harutyunyan, Armenian NPP  General Director stated to ArmInmfo reported. 

According to him, if the plant stops working for 15-20 days, the  company gets energy power  from thermal generation facilities at an  expensive price tariff. As a result, the financial resources of the  networks instead of getting profit are directed to the solution of  this problem. "In short, AEP functioning is very important for the  company, "Karen Harutyunyan said, expressing hope that the policy  implemented by the Armenian Government and Rosatom will be  favorable  for the company.

He also pointed the importance of stopping the station for scheduled  preventive outage  and refueling in May-July, when  there are no  problems with water in the Republic, and there is an opportunity to  purchase energy  from hydropower facilities. Besides, in order to  replenish the capacity of NPP, stopped from May 10 to carry out  repairs, energy supplies will be implemented  from neighbor Georgia.  "The stop time of the Armenian Nuclear Power  Plant  for scheduled  preventive outage  and fuel refueling was chosen not accidentally, it  was done to  minimize pressure on the tariff for terminal  users.  Everything is done for the repair work at nuclear power plants, which   share in the country's total energy  power balance is  about 30%, to  be  implemented with maximum efficiency, "- NPP General director  stressed.

In his turn, Armenian Energy network JSC Directors Board chairman  Karen Darbinyan reminded that thanks to implemented work on the  plant, the term of N2 energy bloc exploitation of AEP will be  prolonged for 10 years. And that means stable energy processing for a  long period on available price. To recall, on May 10 AEP is stopped  for the term of 60 days to implement scheduled preventive outage and  refueling. Within these works events will be held to prolong N2  energy bloc exploitation term. 

Earlier, during his interview with ArmInfo correspondent, AEP N2  energy bloc term prolongation works head said, that a  considerable  amount of work will be carried out during the preventive maintenance.  The main focus will be put on the safety of the nuclear power plant:  works related to the repair of equipment will be performed, as well  as work on instrumental inspection of equipment. The repair of the  equipment will be assisted by employees of the Kolskaya and  Novovoronezh nuclear power plants - they are the ?twinning? stations  of the Armenian NPP, scientific management will be carried out by JSC  TsNIITMASH, an industrial enterprise of the Rosatom. As for the  instrumental survey, the main task of this exercise is to calculate  and confirm the residual life of the equipment using non-destructive  testing methods. In simple words, it is necessary to check the  possibility of further operation of NPP equipment. As you know, there  is a lot of equipment on the NPPA, so the instrumental survey is  distributed for several years, without compromising the safety and  operation of the NPPA. Last year, we started this process; this year  the volume of the surveyed equipment increased by 50% compared to  last year (150 types of equipment) at the request of the supervisory  authority. We hope to finish the instrumental survey process next  year and in 2019. Transfer calculations and conclusions to the  supervisory authority - the State Committee for Nuclear Safety  Regulation. We hope to finish on time, but everything will depend on  the results of the survey and the decision of the Gosatomnadzor.  On  30 Sept 2015, Tashir Group headed by Russian businessman of Armenian  origin Samvel Karapetyan and Inter RAO signed an agreement of  purchase and sale of electric power assets of the Russian energy  holding in Armenia - ENA CJSC and Hrazdan TPP. The reason of the sale  was the public discontent about the ungrounded growth in electricity  prices by approximately 16.7% (6.93 AMD per 1 kWh). The Public  Services Regulatory Commission's (PSRC) decision to raise the tariff  sparked protests and the Armenian authorities agreed to audit both  the expediency of PSRC's decision to raise the tariff and the  activities of the Electric Networks. In addition, the authorities and  Tashir Group took a decision to subsidize on a parity basis the  raised tariff for the households and SMEs until the audit is  completed. Since August 1, 2015, the daytime tariff for households  (from 7 am till 11 pm) has been 48.78 AMD per 1kWh, while the  nighttime tariff has been 38.78 AMD per 1 kWh.

POST A COMMENT
Input digits     


News
In Q1 2025, Armenia`s IT sector experienced 24.5% annual growth rateIn Q1 2025, Armenia`s IT sector experienced 24.5% annual growth rate
In Armenia, service sector experienced accelerated growthIn Armenia, service sector experienced accelerated growth
Free economic zone to be established in Yeghipatrush Free economic zone to be established in Yeghipatrush 
RA MESCS presents terms of participation in industry courses in IndiaRA MESCS presents terms of participation in industry courses in India
"Electric Networks of Armenia" to modernize power supply network in  center of Yerevan
“My Ameria, My Family” – Lots of Benefits, Raffle of 300+ Gifts and Much More“My Ameria, My Family” – Lots of Benefits, Raffle of 300+ Gifts and Much More
Launch of digital radio discussed in ArmeniaLaunch of digital radio discussed in Armenia
Armenia`s Cabinet approves Armenian-Japanese convention abolishing  double taxation Armenia`s Cabinet approves Armenian-Japanese convention abolishing  double taxation 
Armenia to join Ashkhabad agreement Armenia to join Ashkhabad agreement 
Armenia to have new Law on Eletric Energy by end of 2025 Armenia to have new Law on Eletric Energy by end of 2025 
Hayordi Camp is the May beneficiary of The Power of One DramHayordi Camp is the May beneficiary of The Power of One Dram
In 2026, government to increase funding for  modernizing water supply  and drainage systemsIn 2026, government to increase funding for  modernizing water supply  and drainage systems
Converse Bank Joins the Asian Development Bank`s Green Finance CommitmentConverse Bank Joins the Asian Development Bank`s Green Finance Commitment
In Q1 2025, Armenia`s trade sector generated $3.4 billion in revenueIn Q1 2025, Armenia`s trade sector generated $3.4 billion in revenue
Natural population growth rate decreasing  in ArmeniaNatural population growth rate decreasing  in Armenia
In Q1, Armenia experienced a notable decrease in cognac and wine  productionIn Q1, Armenia experienced a notable decrease in cognac and wine  production
In Q1 2025, power generation in Armenia increased by 6.5% per annumIn Q1 2025, power generation in Armenia increased by 6.5% per annum
Armenia`s metallurgical industry experiences a decline in Q1 2025Armenia`s metallurgical industry experiences a decline in Q1 2025
Armenia`s industrial sector sagging due to declining manufacturing industry volumesArmenia`s industrial sector sagging due to declining manufacturing industry volumes
IFC ready to invest in Armenia`s energy, transport sectors IFC ready to invest in Armenia`s energy, transport sectors 
Wizz Air opens base in Armenia, launches new flights Wizz Air opens base in Armenia, launches new flights 
Possibilities of establishing public-private partnership with Yandex  company discussed in Yerevan Possibilities of establishing public-private partnership with Yandex  company discussed in Yerevan 
Armenian-Georgian business forum held in YerevanArmenian-Georgian business forum held in Yerevan
Modernization works carried out at National Center for Mental Health Modernization works carried out at National Center for Mental Health 
Martin Galstyan: It is essential to implement challenging reformsMartin Galstyan: It is essential to implement challenging reforms
Central Bank Governor: Only 0.1% of loans are related to banking  fraud and cyberattacksCentral Bank Governor: Only 0.1% of loans are related to banking  fraud and cyberattacks
Culture, humanity and responsibility: Araratbank supports  Belgian  band HOOVERPHONIC`s  concerts in ArmeniaCulture, humanity and responsibility: Araratbank supports  Belgian  band HOOVERPHONIC`s  concerts in Armenia
In Armenia, annual inflation rate increased to 3.2% in April due to higher prices for food and servicesIn Armenia, annual inflation rate increased to 3.2% in April due to higher prices for food and services
Economic activity in Armenia slowing down, with foreign trade also decliningEconomic activity in Armenia slowing down, with foreign trade also declining
Armenia to extend ban on export of some agricultural products for another 6 monthsArmenia to extend ban on export of some agricultural products for another 6 months
Armenia to deepen cooperation in tourism industry with QatarArmenia to deepen cooperation in tourism industry with Qatar
Armenia`s CB leaves refinancing rate unchanged 6.75%Armenia`s CB leaves refinancing rate unchanged 6.75%
Gogavat-Guguti checkpoint stops serving vehicles Gogavat-Guguti checkpoint stops serving vehicles 
RA Ministry of Economy presents  <Syunik: Economic Hub of the South  Caucasus> programRA Ministry of Economy presents   program
Armenian authorities consider expanding affordable housing program to  families in border settlementsArmenian authorities consider expanding affordable housing program to  families in border settlements
In January-April 2025, RA SRC collected 4.5% more taxes compared to   same period last yearIn January-April 2025, RA SRC collected 4.5% more taxes compared to   same period last year
Pashinyan thanks citizens for their efforts in filling the state  treasuryPashinyan thanks citizens for their efforts in filling the state  treasury
Exclusive Hooverphonic Performance and AraratBank`s Social Initiative to Mark Philharmonic`s Centennial CelebrationsExclusive Hooverphonic Performance and AraratBank`s Social Initiative to Mark Philharmonic`s Centennial Celebrations
Living costs much higher in Armenia than minimum pensions - Country fort Life party leader Living costs much higher in Armenia than minimum pensions - Country fort Life party leader 
Armenia`s authorities paln forming effective consumer protection  system Armenia`s authorities paln forming effective consumer protection  system 
Filling stations pay AMD 1.6bln to state budget in fraud case Filling stations pay AMD 1.6bln to state budget in fraud case 
Prime Minister`s visit to Lori region of ArmeniaPrime Minister`s visit to Lori region of Armenia
Dollar transactions resumed in Armenian interbank foreign exchange  market from April 28- May 2, 2025Dollar transactions resumed in Armenian interbank foreign exchange  market from April 28- May 2, 2025
Armenian Eurobonds 5th tranche offering a yield of 7.1%, indicates   that foreign investors perceive Armenia as a high-risk investment -  David AnanyanArmenian Eurobonds 5th tranche offering a yield of 7.1%, indicates   that foreign investors perceive Armenia as a high-risk investment -  David Ananyan
Tigran Jrbashyan urges Ministry of Economy not to close program for  engaging highly qualified specialists, but to return to its origins  and implement it in conjunction with  overall strategyTigran Jrbashyan urges Ministry of Economy not to close program for  engaging highly qualified specialists, but to return to its origins  and implement it in conjunction with  overall strategy
Entrepreneurs from Lyon  interested in investing in ArmeniaEntrepreneurs from Lyon  interested in investing in Armenia
For Q1 2025, Armenia`s state budget  executed with  surplusFor Q1 2025, Armenia`s state budget  executed with  surplus
RA Ministry of Finance once again amending law on state debtRA Ministry of Finance once again amending law on state debt
Amulsar`s restart to positively impact Armenia`s GDP final growth in  2025 - Finance MinisterAmulsar`s restart to positively impact Armenia`s GDP final growth in  2025 - Finance Minister
Demand for Armenian Eurobonds three times higher than placement  volume - Finance MinisterDemand for Armenian Eurobonds three times higher than placement  volume - Finance Minister
Meeting with ITF reps at Ministry of Territorial Administration and InfrastructureMeeting with ITF reps at Ministry of Territorial Administration and Infrastructure
Armenia, Sweden to expand innovation, technological and investment cooperation Armenia, Sweden to expand innovation, technological and investment cooperation 
Potential and Development Prospects of Health Tourism in Armenia forum to take place in Yerevan Potential and Development Prospects of Health Tourism in Armenia forum to take place in Yerevan 
Armenia`s gross international reserves reach $3.9blnArmenia`s gross international reserves reach $3.9bln
With a Mission to Preserve Armenian Heritage: AraratBank Sponsors the With a Mission to Preserve Armenian Heritage: AraratBank Sponsors the "Artsakh" Orchestra Concert
Armenia  to establish  Institute of Agricultural ConsultantsArmenia  to establish  Institute of Agricultural Consultants
Activities on mandatory insurance of hazardous industrial facilities  to be carried out in ArmeniaActivities on mandatory insurance of hazardous industrial facilities  to be carried out in Armenia
Armenia`s Ministry of Territorial Administration, World Bank  representatives sum up Armenia`s Ministry of Territorial Administration, World Bank  representatives sum up "Social Investment and Local Development"  program 
Team Telecom Armenia Expands International Partnerships: U.S. Newsmax Channel to Air in ArmeniaTeam Telecom Armenia Expands International Partnerships: U.S. Newsmax Channel to Air in Armenia
RA NA Committee against easing taxation conditions for SMEsRA NA Committee against easing taxation conditions for SMEs
Read more
Exchange rates
08.05.2025
RUB4.73-0.09
USD389.25-0.03
EUR439.39-2.99
GBP516.22-3.24
CAD280.52-1.79
JPY26.89-0.29
CNY53.78-0.10
CHF471.30-1.53