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Special commission for modernization of Hrazdan HPP 5th unit

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  • Special commission for modernization of Hrazdan HPP 5th unit

    ARKA News Agency, Armenia
    Jan 11 2008


    Special commission for conducting expert examination of modernization
    of Hrazdan HPP 5th energy unit formed in Armenia

    YEREVAN, January 11. /ARKA/. According to the decision of Armenia's
    Government a temporary inter-departmental commission is formed for
    conducting expert examination of the modernization project of the 5th
    energy unit of Hrazdan Hear Power Plant (HPP). The RA Government's
    public relations department told ARKA that the decision was made in
    accordance with the law `On urban planning.'

    The expert commission will be headed by Deputy Energy Minister Areg
    Galstyan.

    The structure is commissioned to finish work on special complex
    expertise of the modernization project within a month.

    On April 6, 2006, Armenia's Government made a decision to sell the
    5th energy unit of Hrazdan HPP to the Russian `Gasprom' by $248.8mln.

    $188mln of this sum will be directed to the compensation of
    population's expenditure as a result of rise in gas tariffs, and
    $60mln - to the state budget.

    `Gasprom' is obliged not to increase gas tariffs by 2009, fixing the
    price within $110ths for 1ths cubic meters up to January 1, 2009.
    L.M. -0--
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