The Armenian nuclear power plant will continue operating at least until 2035. The Minister of Territorial Administration and Infrastructure of Armenia, Davit Khudatyan, on Monday told this to reporters.

Khudatyan clarified that Armenia is ready to consider any acceptable proposal for building a new nuclear plant, noting that the country has received several proposals, including from Russia, and they differ in both financial and technical components.

According to him, there are proposals for both small modular reactors and nuclear plants operating on traditional technology.

“The costs of these proposals differ by several billion dollars, which will have an important impact on the tariff. Given the high demand for electricity, including in connection with the opening of data centers [in Armenia], in our assessment, a surplus of electricity is impossible. If we consider it appropriate to build a nuclear power plant using traditional technologies, we will go that way. The decision will not be political, but economic," the Armenian minister of territorial administration and infrastructure concluded.