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"Artsakh Hydroelectric Power Station" Provided Profit Of 1 Billion 3

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  • "Artsakh Hydroelectric Power Station" Provided Profit Of 1 Billion 3

    "ARTSAKH HYDROELECTRIC POWER STATION" PROVIDED PROFIT OF 1 BILLION 31 MILLION AMD

    ARMENPRESS
    NOVEMBER 23, 2010
    STEPANAKERT

    "Artsakh Hydroelectric Power Station" OJSC has produced 154 million
    90 thousand kWh electric energy over this year, the 152 million of
    which has been produced by "Sarsang Hydroelectric Power Station" and
    the 2 million 900 thousand - by "Trghe" hydroelectric power station
    handed to exploitation this April.

    Director of "Artsakh Hydroelectric Power Station" Vahram Beglaryan
    told Armenpress that during the running 10 months the company has
    provided a profit of 1 billion 31 million instead of the intended 660
    million. According to professional forecasts, the company's profit
    will make 1 billion 200 million AMD at the end of the year.

    Director of "Artsakh Hydroelectric Power Station" said that expansive
    works are going on in the direction of construction of 3 small
    hydroelectric power stations on Tartar and Trghe Rivers, which will
    be handed to exploitation in the first half of the upcoming year. Mr.

    Beglaryan said that the cost of the program on construction of
    "Trghe-2", "Mataghis-1" and "Mataghis-2" is 9 billion AMD, 6 billion
    of which has already been spent on the current construction works.

    In future the company plans to construct 5 other hydroelectric
    stations, the 3 of which on Karkar River, two - on Ishkhanaget. On
    the whole, after construction of all the hydroelectric stations
    "Artsakh Hydroelectric Power Station" will have 83 megawatt power,
    which will enable to annually produce 270 million kWh electric energy.




    From: A. Papazian
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