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Conditions & Terms of International Tender on "Alaverdi-2" TBD

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  • Conditions & Terms of International Tender on "Alaverdi-2" TBD

    SOON CONDITIONS AND TERMS OF INTERNATIONAL TENDER ON "ALAVERDI-2"
    SUBSTATION RELAUNCHING TO BE DECIDED

    YEREVAN, August 23 (Noyan Tapan). The conditions and terms of the
    international tender to carry out the relaunching of the high-voltage
    "Alaverdi-2" substation will be decided during this week. Sahak
    Abrahamian, Director of the "High-Voltage Electric Networks" company,
    told NT correspondent the delay of the tender, which was initially
    scheduled for May, will not affect the terms of the program
    implementation. It should be noted that the KfW Bank (Germany)
    provided Armenia with the loan of 4.7 mln euros with the purpose of
    implementing "Regional System of Electrical Energy Transference
    between Armenia and Georgia" (Alaverdi-2) program. 4.2 mln euros saved
    from the loan provided by the same bank in 2001 for the reconstruction
    of "Vanadzor" and "Kamo-2" high-voltage substations will also be
    allocated to repair the "Alaverdi-2" substation.
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