China offers Armenia much cheaper NPPs U.S. counterparts - Our Way  movement 

ArmInfo.  China is offering Armenia nuclear power plants that are much cheaper than their American counterparts. Robert Kadaryan, a member of the "Our Way" movement, wrote this on his Facebook page.

He noted that he had previously visited China with the movement's  coordinator, Narek Karapetyan, where they discussed the possibility  of building a new nuclear power plant in Armenia. Specifically,  meetings were held with the management of China Energy (ranked 76th  on the Fortune 500 list of companies with an annual turnover of  approximately $120 billion) and China General Nuclear Power Group,  which accounts for 50% of China's nuclear energy production. "We also  visited the Daya Bay Nuclear Power Plant, which has two 944 MW  reactors built using Framatom (Areva) technology. We discussed a  number of regional projects with our partners, including the  construction of a new nuclear power plant in Armenia. I will not go  into technical details, but I will just give you one figure: the  construction of a new 1,000 MW nuclear power plant, according to our  partners, will cost approximately $2 billion. Taking into account  logistical difficulties, the cost of the project may increase by 10%.  This week we learned that the United States is offering Armenia to  build a new modular nuclear power plant, "unparalleled in the world."  However, its initial cost is $5 billion (according to my information,  with a total capacity of 460 MW). That is, approximately 2 times more  expensive and 2 times less in capacity. It should also be noted that  China is currently building 28 new reactors, which is approximately  equal to the number of reactors being built in all other countries  combined, and construction in the United States is temporarily  "suspended," Robert Kadaryan noted.

It's worth noting that, according to Armenian authorities, proposals  for nuclear power units are currently being reviewed from five  countries, including Russia, the United States, China, South Korea,  and France. Moreover, based on yesterday's statement by Armenian  Prime Minister Nikol Pashinyan, who stated that Armenia's existing  nuclear power plant has the potential to operate until 2046, it can  be concluded that the issue of a new nuclear power plant for Armenia  is being shelved.