MOENR – Metsamor New Nuclear Power Plant 1000 MW – Armavir - Project Profile
"MOENR – Metsamor New Nuclear Power Plant 1000 MW – Armavir - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
The "MOENR – Metsamor New Nuclear Power Plant 1000 MW – Armavir - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
Ministry of Energy and Natural Resources of Republic of Armenia (MOENR) is planning to undertake the development of nuclear power plant at Metsamora, Armenia.
The project involves the construction of 1,000MW new nuclear power plant. The project includes the construction of powerhouse, substation, the installation of reactors, and the laying of transmission line to supply generated power to the grid.
The government approved setting up JV Metzamorenergoatom, a 50-50 Russian-Armenian joint stock company set up by the ministry of energy and natural resources with russian Atomstroy export to build a 1,060MW AES-92 unit (with a VVER-1000 model V-392 reactor) at Metsamor.
Armenian Minister of Energy and Natural Resources is conducting the feasibility study on construction of a new unit of the Nuclear Power Plant (NPP). Worley Parsons was chosen as PMC contractor for the project.
On March 26, 2010, Rosatom State Corporation and the RA Ministry of Energy and Natural Resources signed an agreement on nuclear island equipment reservation aimed at equipping of the new nuclear unit.
In 2010, The RA Government approved the radioactive waste and spent nuclear fuel management strategy.
In December 2014, an intergovernmental agreement was signed between Armenia and Russia. As per the agreement, Russia will provide provide US$270 million loan and US$30 million grant to Armenia to allow the current unit at the plant to continue operating. The loan, repayable in 15 years will have a 3% interest rate.
In October 2015, Armenian government is in the process of decreasing the proposed capacity from 1,000MW to 600MW.
Project development is being delayed due to funding issues.
Stakeholder Information: Planning Authority: Ministry of Energy and Natural Resources, Armenia PMC: Worley Parsons FEED Contract: Atom Energo Proekt EPC Contract: Atom Stroy Proekt
The project involves the construction of 1,000MW new nuclear power plant at Metsamor, Armenia.
The US$5,000 million project includes the following:
1. Construction of 1,000MW nuclear plant
2. Construction of a 1,060MW AES-92 unit (with a VVER-1000 model V-392 reactor)