YEREVAN, Armenia, July 30 (UPI) -- International monitors are expected in Armenia to examine plans to start construction of a nuclear power plant, a state agency said.
The Armenian nuclear regulatory committee said a team from the International Atomic Energy Agency is expected to start a four-day trip Aug. 2 to examine their nuclear work.
Armenia in 2011 has plans to build a nuclear power plant. Ashot Martirosyan, the head of the state nuclear regulatory committee, said his agency plans to unveil the results of a multiyear study on the construction plans to IAEA official during their visit, Russia's state news agency RIA Novosti reports.
The $5 billion Armenian nuclear power project is scheduled to go online in 2017.
Martirosyan added that his country was setting up a joint venture with Russia to explore uranium reserves in the country, RIA Novosti adds.
Armenia could hold as much as 60,000 tons in uranium reserves.