Armenia gets offer from Russia to build modular NPP - Pashinyan

YEREVAN. May 14 (Interfax) - Armenia has received offers to build a modular nuclear power plant from several countries, including Russia, Prime Minister Nikol Pashinyan said.

"We have received offers from Russia, Korea, and France. Our calculation is that, given the amount of solar energy that we have, we don't need a 600 MW-1000 MW nuclear power plant. A modular nuclear power plant would be just fine for us. Russia also has such a plant, a floating one," Pashinyan told reporters on Thursday.

Armenia is working on the matter with Russia, the United States, France, South Korea, and China, he said.

"We will look at the technologies and prices and choose the best offer. This is not a political choice but an economic issue," Pashinyan said.

The operating Armenian NPP is currently among the primary sources of electricity in Armenia. It operates the only VVER-440 first-generation reactor, and Rosatom's TVEL company supplies nuclear fuel for it.

At the end of December 2025, Rosatom submitted a package of detailed proposals to Armenia on building a new nuclear power unit in the country.

Pashinyan had said previously that the Armenian NPP's service life could be extended until 2046, and Armenia was discussing the construction of a new power unit with Russia, the United States, France, South Korea, and China.

U.S. Vice President JD Vance announced at a briefing in Yerevan on February 9 that the U.S. would invest $9 billion in Armenia's nuclear energy sector.