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Fifth Energy Bloc Of Hrazdan-5 Thermal Power Plant To Be Launched In

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  • Fifth Energy Bloc Of Hrazdan-5 Thermal Power Plant To Be Launched In

    FIFTH ENERGY BLOC OF HRAZDAN-5 THERMAL POWER PLANT TO BE LAUNCHED IN JULY 2010

    PanARMENIAN.Net
    20.10.2009 13:52 GMT+04:00

    /PanARMENIAN.Net/ The fifth energy bloc of "Hrazdan 5" thermal-power
    plant will launched in July 2010, ArmRosGazProm CJSC's General Director
    Karen Karapetyan told journalists. "That's a unique station, with a
    new 180 MGWT power modern bloc being built next to the one inherited
    from Soviet times," he said, adding that the two blocs will operated
    jointly as a new know-how project not implemented by anyone so far.

    Despite financial crisis, ArmRosGazProm CJSC continues modernization of
    the 5th energy bloc of Hrazdan-5 thermal power plant. Within project
    frameworks, the plant signed relevant contracts with 49 local and
    109 foreign organizations.

    Experts and business partners estimate this an unprecedented project
    in terms of its technical capacities.

    Company's 2006-09 investments in bloc construction and modernization
    comprised $ 376 million, of which $248,8 is envisaged for acquiring
    premises.

    Investments for January-September 2009 comprised AMD 24 billion. The
    program was made possible due to company's means, as well as invested
    sums. In terms of attracting investments, ArmRosGazProm cooperates
    with local and foreign financial institutions and conducts talks for
    long-term credits.

    Construction of 5th energy bloc is due to be completed in 2010. Upon
    launching production, company intends to start energy export.
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