YEREVAN. – The Government of Armenia will authorize the Energy and Natural Resources Ministry to dissolve, with the Russian Inter RAO UES company, the contract on asset management of Armenia’s Nuclear Power Plant. This matter is included in the agenda of the Government’s session on Thursday.   

According to the Ministry, the Russian company itself had applied to the Government with the request to prematurely dissolve the contract.

In June 2011, Inter RAO UES’ newly appointed President Boris Kovalchuk had announced that they wished to sign a new management contract with the Plant, but afterward he informed of their wish to dissolve the contract.   

And after these announcements, Energy and Natural Resources Minister Armen Movsisyan had stated that Armenia will not sign a new contract on the asset management of the Plant.