Worley Parsons to manage Armenia's $5bn nuclear plant project

20 May 2009 - Armenia is going to construct a new nuclear power plant in place of its Metsamor nuclear plant by the start of 2011, Energy and Natural Resources Minister Armen Movsisian said, with Australia's Worley Parsons set to manage the project.

The projected capacity of the new nuclear plant will be 1000 MW to 1200 MW, which would be more than double of Metsamor's sole operating reactor that generates more than 40 per cent of Armenia's electricity. The Soviet-built Metsamor reactor is due to be decommissioned in 2017.

"According to preliminary estimates, the new atomic block will cost approximately $5 billion," Movsisian said. "A more precise figure will emerge after the completion of design works."

Movsisian said, "In my opinion, the construction work will start at the end of next year or at the beginning of 2011."

Last week, the Armenian government has announced Worley Parsons, an Australian engineering company, as the winner of an international tender for the right to manage the ambitious project. The two sides are due to hold negotiations and sign a related contract soon.

"The next step will be to design the future block, after which we will enlist and select potential investors," said Movsisian. "That will be followed by the design work and the construction process itself." The company that will carry out the construction will be chosen in a separate tender, Movsisian said.

Sponsored by FLSmidth

Related Articles

NRC: DOE’s Yucca Mountain R&D meet NRC requirements

The staff of the U.S. Nuclear Regulatory Commission (NRC) published Volume 4 of its safety evaluation report on a proposed underground used nuclear fuel repository in Nevada.

Westinghouse continues to provide nuclear fuel to French power plants

Westinghouse Electric Co. and EDF signed a new long-term nuclear fuel contract to support EDF’s nuclear power plants in France.

Follow Power Engineering on Twitter
Latest News
Plant Vogtle construction costs down in first half 2015

Plant Vogtle nuclear expansion spending down in first half of 2015

Georgia Power said in a report that the utility estimates it will spend less on construction ...
Renewable energy developer Cypress Creek Renewables building 2 utility-scale solar farms in South Carolina

Renewable energy developer Cypress Creek Renewables building 2 utility-scale solar farms in South Carolina

Cypress Creek Renewables is investing more than $20 million in new projects in South Carolina.
The Nuclear Regulatory Commission on Thursday cited a

US regulators, Millstone nuke plant settle dispute

The parent company of Connecticut's nuclear plant and federal regulators have reached a settl...
Duke Energy is looking to bring 53 MW of utility-scale solar capacity to the company’s South Carolina service areas by the end of 2016.

Duke Energy launching solar-generating program for South Carolina customers

Duke Energy is looking to bring 53 MW of utility-scale solar capacity to the company’s South ...
The state Department of Natural Resources says historic amounts of oil and natural gas are being produced by Ohio shale wells.

State says Ohio oil, natural gas production at historic high

The state Department of Natural Resources says historic amounts of oil and natural gas are be...
MidAmerican Energy says it will build its next two wind farms in northwest Iowa.

MidAmerican Energy building Iowa wind farms for $900 million

MidAmerican Energy says it will build its next two wind farms in northwest Iowa.

Semprius, Inc. awarded $2.9 million to develop low-cost, solar-generated electricity

Semprius awarded $2.9 million from ARPA-E to develop hybrid solar technology

Semprius, Inc., an innovator in high concentration photovoltaic (HCPV) solar modules, has bee...
08/26 Henry Hub Average Natural Gas Spot Prices

08/26 Henry Hub Average Natural Gas Spot Prices

The Henry Hub is the pricing point for natural gas futures contracts traded on the New York M...

Power Engineering Current Issue

03/01/2014
Volume 118, Issue 3
1403PE-cover
Products Showcase
Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Buyers Guide Product Listings

Nondestructive Examination and Testing

Advanced nondestructive examination, NDE, techn...

Engineering Services

Structural Integrity Associates, Inc. (SI) is a...

Buyers Guide Company Listings

Power Industry Wire News

PyroGenesis Canada Inc. to Present at the 4th Annual Liolios Gateway Conference on September 10, 2015

PyroGenesis Canada Inc. to Present at the 4th Annual Liolios Gateway Conference on Sept...

American Power Group Announces Completion of a $3.25 Million Term Loan for the Purchase of Next Generation Natural Gas Flare Capture and Recovery Systems

American Power Group Announces Completion of a $3.25 Million Term Loan for the Purchase...

Anpath Group Signs Merger Agreement With Q2Power

Anpath Group Signs Merger Agreement With Q2Power

Cimation Selected by Shell for Global Cybersecurity Program Roll-Out

Cimation Selected by Shell for Global Cybersecurity Program Roll-Out

Nuclear, LNG Export Projects Dominate Top 10 Capital-Spending Plans in U.S. Southeast Region, an Industrial Info News Alert

Nuclear, LNG Export Projects Dominate Top 10 Capital-Spending Plans in U.S. Southeast R...

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>