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EBRD To Help Armenian Companies Save Energy

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  • EBRD To Help Armenian Companies Save Energy

    EBRD TO HELP ARMENIAN COMPANIES SAVE ENERGY
    Hasmik Dilanyan

    "Radiolur"
    03.05.2011 16:37

    "Armenian consumers have been saving more electricity over the past
    years," member of the Public Services Regulatory Council Nikolay
    Grigoryan told "Radiolur." Instead, factories in our country use more
    electricity because of only equipment, he said.

    Henceforth business programs targeted at electricity saving will be
    credited to have an opportunity to acquire modern equipment.

    The credits will be provided by the European Bank for Reconstruction
    and Development. Ten applications are already under consideration. The
    creditors can get $2.5 mln credit with a maturity period of 5 years.




    From: A. Papazian
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