Announcement

Collapse
No announcement yet.

$15.7Mln Earmarked to Restore Water Supply System Outside Yerevan

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • $15.7Mln Earmarked to Restore Water Supply System Outside Yerevan

    $15.7 MLN TO BE INVESTED IN RESTORATION OF WATER SUPPLY SYSTEM OUTSIDE
    YEREVAN


    YEREVAN, JANUARY 20. ARMINFO. $15.7 mln will be invested in the next
    four years under the WB credit program to restore the water supply
    system outside Yerevan, says Patrick Lorin, General DIrector of
    Armenian Water and Sewerage CJSC (AWSC)

    He says that the right to use this money has been given to Saur France
    group through a tender. The total cost of the WB credit is $23
    mln. The remaining money will be spent on maintaining and managing
    Saur and the project office. Aug 19 Saur and the Armenian Government
    signed a management contract for 4 years with a 2 year prolongation
    right.

    The work under the contract was launched Oct 19 2004. First of all the
    company is planning to restore the water supply systems of Sevan and
    Dilijan, Armenia's touristically most attractive resorts. Partly
    repaired will be water economies in the country's 30 towns and 300
    villages.

    Lorin says that presently AWSC is in a bad technical state. The
    company's water losses amount to 80% this due mostly to poor pipes and
    illegal connections to water mains. He notes that the overhaul of
    Armenia's water system will take decades and cost $300 mln against
    only $15.7 mln earmarked under the abovementioned project.

    AWSC has 260,156 potential water users of them 176,846 being active
    (timely paying for used water). The water supply schedule ranges from
    2 hours to 24 hours from district to district with very few
    subscribers receiving water round-the-clock. Subscribers having water
    meters consume an average of 7 c m of water a month.

    Lorin says that Saur is the third biggest water supply company in the
    world. Each year it supplies 1.72 bln c m of drinking water to 52 mln
    people making fertilizers from almost 3 mln tons of sewerage
    waste. Saur's annual turnover is 2.5 bln EUR. It employs 14,000 people
    with 6,500 of them in France.
Working...
X