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  • Will Electricity Become Cheaper?

    WILL ELECTRICITY BECOME CHEAPER?

    A1+
    [07:06 pm] 22 December, 2006

    Minister of Energy Armen Movsisyan rendered a concluding press
    conference today. He spoke about the achievements in the field.

    According to the Minister, since January of the coming year, the
    Iranian gas will be imported to Armenia. The 11th substation has been
    reconstructed, the Metsamor nuclear power station has been re-equipped,
    and an international conference has been organized discussing the
    construction of a new nuclear power station.

    Next year the construction of the fifth energy bloc of the Hrazdan
    hydro electric power station will be concluded. These plans are
    rather costly; nevertheless, they will reduce the expenses on produced
    energy. Particularly, the gas expense in the Yerevan hydro electric
    power station will be reduced 2.5 times.

    Factually, the expenses will be reduced and the quantity of the energy
    will increase. We tried to find out if this is enough to reduce the
    energy tariffs. "That is not excluded", the Minister said.
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