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Agreement on Construction of Thermoelectric Power Plant in 2005

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  • Agreement on Construction of Thermoelectric Power Plant in 2005

    AGREEMENT ON CONSTRUCTION OF THERMOELECTRIC POWER PLANT WITH USE OF
    BIOGAS TO BE SIGNED IN YEREVAN BY THE END OF 2005


    YEREVAN, JANUARY 21. ARMINFO. A Japanese company Shimizu will sign an
    agreement on construction of a 1.5 megawatt thermoelectric power plant
    with use of biogas in Yerevan by the end of 2005,> Nature Protection
    Minister of Armenia Vardan Ayvazyan told ARMINFO, Friday.

    He said that TPP would be built in the territory of Nubarashen dump on
    the funds of the Japanese party. The project will cost $4.5 mln. The
    Japanese State New Energy and Industrial Technology Organization will
    finance the construction of bio-TPP. Tariff for the electricity
    received due to use of biogas (marsh-gas) is established at 8 cents
    for 1 kW/h by the Commission for Regulation of Public Services Sphere.

    The minister thinks that besides production of electricity, the
    construction of the plant will contribute to solution to ecological
    problems in the capital. This project is favorable for Armenia and the
    given technologies have already been successfully used in Japan, the
    minister says.

    Nubarashen dump in the outskirts of Yerevan started forming in 60s and
    some 800-900 cubic meters of garbage are daily accumulated there. The
    dump occupies some 60 ha.
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