Pashinyan: new nuclear power plant to be built in Armenia

Pashinyan: new nuclear power plant to be built in Armenia

A new nuclear power plant will be built in Armenia, Prime Minister Nikol Pashinyan said during a government Q&A session in parliament.

Pashinyan said that the government received an offer from GeoProMining Company, which is in tune with Armenia’s economic and state interests, as it includes two important elements - construction of a copper smelter, which means that Armenia will not export copper concentrate and import finished copper for use in other productions, and will produce copper itself here.

The prime minister noted that the construction of a new nuclear power plant is part of this program. According to him, the Russian GeoProMining Company has undertaken investment obligations to build a copper smelter.

"Negotiations on the construction of a new nuclear power plant in Armenia have already begun. Of course, the participation of the government in this process is important because a nuclear power plant cannot be a full-fledged private initiative, and the government must actively participate in it," ARKA cited him asa saying.

Pashinyan added that the construction of a new copper smelter is to start by June 2025, and the construction of a nuclear power plant should be attempted in parallel.

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