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"AMERIA" CJSC IS CONTRACTED TO SUPPORT RENEWABLE ENERGY AND ENERGY EFFICIENCY FACILITIES IN ARMENIA
/ARKA/
October 22, 2010
YEREVAN
YEREVAN, October 22. /ARKA/. "Ameria" CJSC is contracted to develop
a business plan and project documentation for the investments by the
Armenia Renewable Resources and Energy Efficiency Fund (R2E2 Fund)
into renewable energy and energy efficiency sector. The goal of the
project is to promote renewable energy and energy efficiency sector
and ensure energy security in Armenia. The working program implemented
by Ameria is aimed at development of a strategic plan for R2E2 Fund
and incorporation of a credit organization adjacent to the Fund,
ensuring relevant licenses and registration.
All-embracing and comprehensive as it is, the program comprises an
action plan which envisages primarily research of legal framework,
development of regulatory documentation, including internal
regulations, guidelines, instructions, etc., design and description of
business processes, development of HR management related documentation,
strategic documents and midterm business plan. The program is focused
on three main directions: policy consultation, business advisory and
assistance in institutional development.
One of the main goals of the program is capacity building for the
emerging credit organization. As part of the program, "Ameria"
will develop the organizational chart, define the functions, duties
and authorities of the units within the organization, draft job
descriptions and documentation related to creation of institutional
memory in the course of the organization's activity.
Decision on the establishment of credit organization by the Fund
of renewable energy and energy efficiency was carried out by the
Government in August 2010 taking into account the successful experience
of the Fund in the sphere of crediting of the given sphere.
The Fund is established in November by the Government of Armenia with
the aim of stimulating investments in the development of energy sector
and participation in the development of energy strategy of Armenia
and regulation of legislative issues.
In the frames of the program, "Ameria" will develop the organizational
chart, define the functions, duties and authorities of the units
within the organization, draft job descriptions and documentation
related to creation of institutional memory in the course of the
organization's activity.
The key principle of these activities is to ensure feasibility
and enforceability of any document developed under the project in
daily practice, as well as employment of the project reports both as
recommendations and guidelines aimed at efficient performance.
CJSC "Ameria" is a leading advisory firm in Armenia specialized in
the areas of corporate restructuring, M&A, legal advisory, direct
and portfolio investments, business and strategic planning, financial
advisory and tax planning, public administration and reforms, etc. As
a part of "Ameria" financial group "Ameria" CJSC renders independent,
confidential and objective counsel through a uniquely harmonious and
efficient system of five advisory units: Management Advisory Services,
Financial Advisory Services, Assurance and Taxation, Legal Practice
and Investment Banking.
From: A. Papazian
/ARKA/
October 22, 2010
YEREVAN
YEREVAN, October 22. /ARKA/. "Ameria" CJSC is contracted to develop
a business plan and project documentation for the investments by the
Armenia Renewable Resources and Energy Efficiency Fund (R2E2 Fund)
into renewable energy and energy efficiency sector. The goal of the
project is to promote renewable energy and energy efficiency sector
and ensure energy security in Armenia. The working program implemented
by Ameria is aimed at development of a strategic plan for R2E2 Fund
and incorporation of a credit organization adjacent to the Fund,
ensuring relevant licenses and registration.
All-embracing and comprehensive as it is, the program comprises an
action plan which envisages primarily research of legal framework,
development of regulatory documentation, including internal
regulations, guidelines, instructions, etc., design and description of
business processes, development of HR management related documentation,
strategic documents and midterm business plan. The program is focused
on three main directions: policy consultation, business advisory and
assistance in institutional development.
One of the main goals of the program is capacity building for the
emerging credit organization. As part of the program, "Ameria"
will develop the organizational chart, define the functions, duties
and authorities of the units within the organization, draft job
descriptions and documentation related to creation of institutional
memory in the course of the organization's activity.
Decision on the establishment of credit organization by the Fund
of renewable energy and energy efficiency was carried out by the
Government in August 2010 taking into account the successful experience
of the Fund in the sphere of crediting of the given sphere.
The Fund is established in November by the Government of Armenia with
the aim of stimulating investments in the development of energy sector
and participation in the development of energy strategy of Armenia
and regulation of legislative issues.
In the frames of the program, "Ameria" will develop the organizational
chart, define the functions, duties and authorities of the units
within the organization, draft job descriptions and documentation
related to creation of institutional memory in the course of the
organization's activity.
The key principle of these activities is to ensure feasibility
and enforceability of any document developed under the project in
daily practice, as well as employment of the project reports both as
recommendations and guidelines aimed at efficient performance.
CJSC "Ameria" is a leading advisory firm in Armenia specialized in
the areas of corporate restructuring, M&A, legal advisory, direct
and portfolio investments, business and strategic planning, financial
advisory and tax planning, public administration and reforms, etc. As
a part of "Ameria" financial group "Ameria" CJSC renders independent,
confidential and objective counsel through a uniquely harmonious and
efficient system of five advisory units: Management Advisory Services,
Financial Advisory Services, Assurance and Taxation, Legal Practice
and Investment Banking.
From: A. Papazian