Armenia Rejects Russian Funding For Nuclear Plant Upgrade June 12, 2020 at 1:03 pm Updated: February 1st, 2021 at 1:57 pm News Armenian News Tweet Share Reddit +1 Pocket LinkedIn The Armenian government has announced it has decided to use only 60 percent of a $270 million Russian loan designed to finance the ongoing modernization of its Soviet-era nuclear power plant at Metsamor.