Czech Export Bank to modernize Metsamor NPP

  04 October 2017    Read: 445
Czech Export Bank to modernize Metsamor NPP

Czech Export Bank guarantees the modernization of the Metsamor Nuclear Power Plant. "Škoda JS" company will implement the works of modernization, AzVision.az reports citing the Czech radio.

"The bank will provide the Metsamor NPP with the guarantee in the amount of $1 million for the highly-specialized technological equipment", Chairman of the Board of Directors, Chief Executive Officer, Karel Bureš said.

"The orders have already been received. It is the first commercial operation of the bank in the Armenian area", Karel added.

General Director and Chairman of the Board of Directors, Josef Perlik said that such kind of systems have been installed in Czechia and Slovakia. Hungary has already received the system.

Note, the Metsamor NPP poses a threat to the region. Any accident that may happen in the power plant may cause big tragedies to the South Caucasus as well as Russia, Middle Asia, Caspian and Black sea countries.

More about: #Metsamor-NPP