Tweet
TIGRAN SARGSYAN PARTICIPATES IN CEREMONY OF PROJECT COMPLETION ON MODERNIZATION OF SUBSTATIONS
PanARMENIAN.Net
November 23, 2010 - 18:06 AMT 14:06 GMT
On November 23, Armenian Prime Minister Tigran Sargsyan, accompanied
by OJSC INTER RAO UES Management Board Chairman Boris Kovalchuk
and Electric Networks of Armenia CJSC Director General Yevgeni
Gladunchik, participated in a ceremony of completion of the project
on reconstruction of 17 substations.
Tigran Sargsyan expressed hope that the investments to the project will
be justified, as a result of which there will be a high reliability
of electric power supply in Armenia.
"It is a large-scale program, which is aimed at securing uninterrupted
electric power supply to the country's consumers," Boris Kovalchuk
said in his welcoming speech.
According to him, the total cost of the project amounted to $50mln,
including $35mln allocated by the Japan Bank for International
Cooperation. The rest was provided from funds of Electric Networks
of Armenia. The works were carried out by a Chinese company, which
won the tender. The program implementation will lead to reduction of
technical losses and exploitation costs.
From: A. Papazian
PanARMENIAN.Net
November 23, 2010 - 18:06 AMT 14:06 GMT
On November 23, Armenian Prime Minister Tigran Sargsyan, accompanied
by OJSC INTER RAO UES Management Board Chairman Boris Kovalchuk
and Electric Networks of Armenia CJSC Director General Yevgeni
Gladunchik, participated in a ceremony of completion of the project
on reconstruction of 17 substations.
Tigran Sargsyan expressed hope that the investments to the project will
be justified, as a result of which there will be a high reliability
of electric power supply in Armenia.
"It is a large-scale program, which is aimed at securing uninterrupted
electric power supply to the country's consumers," Boris Kovalchuk
said in his welcoming speech.
According to him, the total cost of the project amounted to $50mln,
including $35mln allocated by the Japan Bank for International
Cooperation. The rest was provided from funds of Electric Networks
of Armenia. The works were carried out by a Chinese company, which
won the tender. The program implementation will lead to reduction of
technical losses and exploitation costs.
From: A. Papazian