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'Vallex' Group Of Companies Announces Results Of Tender For Fulfillm

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  • 'Vallex' Group Of Companies Announces Results Of Tender For Fulfillm

    'VALLEX' GROUP OF COMPANIES ANNOUNCES RESULTS OF TENDER FOR FULFILLMENT OF TREE-PLANTING WORK IN TEGHUT FOREST AREA

    ArmInfo
    2009-04-18 13:57:00

    ArmInfo. During the meeting of the relevant competition commission,
    'Vallex' Group of companies announced the results of the tender
    for fulfillment of tree-planting work in Teghut forest area, the
    press release received by ArmInfo from 'Vallex' Public Relations
    Department says.

    The tender results were summed up in the office of T'eghut' CJSC in
    Yerevan under chairmanship of Head of the tender commission, deputy
    Director of 'Hayantar' ('Armles') Company of Armenia's Agriculture
    Ministry Ruben Petrosyan. 'Tree Gren' Ltd and 'Aghavnatur' Ltd have
    been recognized the tender winners. The first of them will perform
    tree-planting work at the section of 67 hectares in the territory of
    Teghut and Shnokh communities of Lori region. The Company's price
    proposal made up 908,6 thsd drams per hectare. 'Aghavnatur' Ltd
    will carry out forest plantation on 68 hectares in the territory of
    Arevatsag and Mghart communities of Lori region, the price proposal
    makes up 973,4 thsd drams per hectare. The relevant contracts will
    be signed with the tender winners till April 30, 2009. To recall,
    forest plantations are held within the frames of the 'Programme of
    compensation for the damage caused to the forestry as a result of
    deforestation for fulfillment of the programme of exploitation of
    Teghut mine'.

    A competition commission was created within the frames of the programme
    which includes representatives of the Agriculture and Ecology
    Ministries and 'Teghut' CJSC. It is envisaged to totally perform
    tree-planting work within the programme in the territory of 714 Ha,
    that twice exceeds the area of deforestation, the Company message says.

    To recall, it is scheduled to annually extract 25-30 thsd tons of
    copper and 800 tons of molybdenum at Teghut deposit, that will assure
    40-50% of the total copper mining and to 20% of molybdenum mining over
    the republic in general. The license for exploitation of the deposit
    was given to ACP company (Armenian Copper Programme), being part of
    'Vallex' Group, in 2001 for 25-year period. 'Teghut' CJSC was created
    specially for development of Teghut deposit.
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