Armenia asked Russia to postpone payment of loan for modernization of Armenian NPP, head of the Foreign Relations Department of Armenia's Ministry of Energy Infrastructures and Natural Resources Tigran Melkonyan said.
"I want to raise an issue related to the delay in work with the implementation of the project to extend the lifetime of the Armenian NPP. We identified several reasons, both objective and subjective," he noted at the 19th meeting of the intergovernmental commission on economic cooperation between Russia and Armenia.
According to Melkonyan, for the successful completion of the project, it is necessary to decide on the extension of the loan, as well as to postpone the start of loan repayment, while the only source of annual payments on the loan are funds from the sale of electricity produced by the Armenian NPP, RIA Novosti reported.
