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AGP Executive Report

Last update: 7 hours ago

Energy & Security: Rosatom chief Alexey Likhachev says Armenia could face a ~1 GW power deficit by 2036 and has proposed building a new 1 GW nuclear unit using VVER-1000 tech, while Prime Minister Nikol Pashinyan says the final decision on the new plant is coming soon and will be purely economic. Nuclear Life Extension: Talks continue on extending Metsamor NPP Unit 2 beyond 2036, with Rosatom noting major safety and spent-fuel upgrades could cost hundreds of millions. Critical Minerals: The US and Armenia are moving from critical-minerals agreements to practical steps, with US officials meeting Armenian government and industry to map technical assistance for the mining sector. Transport & Construction: Work on a Noragavit–Artashat traffic interchange on the North-South corridor starts Oct 5, with a 16-month schedule and about AMD 1.5bn cost. Power Grid Incident: A major fire at a Yerevan substation triggered outages and is under investigation. Digital & Telecom Regulation: Armenia’s draft amendments to the “Electronic Communications” law aim to curb gray-market mobile phones by creating an IMEI registry and a monitoring company. Agribusiness & Water: Greenco is expanding modern orchards with Italian partners, while Ardshinbank backs Spandaryan Canal reconstruction to restore irrigation for thousands of farmers. Finance & Housing: Mortgage repayment support tied to childbirth is set to continue for 2027–2031 with a 1m dram one-time principal payment per child. Safety Watch: A crane partially collapsed on Tichina Street in Yerevan, killing three, as construction accidents and safety violations remain a concern.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Sep. 23, 2026

Simonetta Lein to join Fly Connect Global AI, Startup & Creator Summit 2026 in Armenia

AGP

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Aug. 8, 2026

Firebird launches region’s largest AI factory in Armenia and plans global expansion

AGP

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Jun. 23, 2026

Jardins d’Arménie highlights Armenian heritage at Monte-Carlo TV Festival

AGP

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Sep. 25, 2026

Priority One Builders named Contractor of the Year Los Angeles

AGP


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Construction of a traffic interchange connecting the road from the capital`s Noragavit district to Artashat will begin on October 5.

Construction of a traffic interchange connecting the road from the capital`s Noragavit district to Artashat will begin on October 5.


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Sep. 30, 2026

Rosatom Pitches 1,000-MW Nuclear Unit to Armenia in Bid Race

MENAFN

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Sep. 30, 2026

Rosatom Offers Armenia New Nuclear Power Unit

MENAFN

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Sep. 25, 2026

35 Years of Independence: Armenia as a Jurisdiction for Capital

GlobeNewswire, Inc.

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Sep. 24, 2026

Ten Reputable Flat Top Tower Crane Manufacturers in China 2026: Advancing Construction Lifting Efficiency

EIN Presswire

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Sep. 23, 2026

Global TV Host and Creator Simonetta Lein to Join Fly Connect, Global Tourism and Leaders Summit 2026 in Armenia

EIN Presswire

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Sep. 22, 2026

Ilham Aliyev chaired meeting on State Program for development of mining and metallurgical industry

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