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PAPER: PRESIDENT SEEKS TO ACQUIRE VOROTAN HYDRO POWER
PanARMENIAN.Net
October 10, 2012 - 16:23 AMT
PanARMENIAN.Net - Armenian President Serzh Sargsyan seeks to
buy Vorotan Cascade hydropower plant, according to Chorrord
Inknishkhanutyun daily.
As sources close to the authorities say, the purchase was supposed
to be finalized before the 2013 presidential elections. However, back
in 2012, the plant was rumored to have been bought by Russians. With
rumors proving false, President Sargsyan is now intending to get the
plant, according to the daily.
The plant, providing 20% of electricity in Armenia, is currently placed
under the jurisdiction of Ministry of Energy, with the self-cost of
the product being the lowest one in Armenia.
PanARMENIAN.Net
October 10, 2012 - 16:23 AMT
PanARMENIAN.Net - Armenian President Serzh Sargsyan seeks to
buy Vorotan Cascade hydropower plant, according to Chorrord
Inknishkhanutyun daily.
As sources close to the authorities say, the purchase was supposed
to be finalized before the 2013 presidential elections. However, back
in 2012, the plant was rumored to have been bought by Russians. With
rumors proving false, President Sargsyan is now intending to get the
plant, according to the daily.
The plant, providing 20% of electricity in Armenia, is currently placed
under the jurisdiction of Ministry of Energy, with the self-cost of
the product being the lowest one in Armenia.