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$600 MILLION TO BE INVESTED IN CONSTRUCTION OF ARMENIAN TPP
13:09, 14.08.2014
YEREVAN. - Abstracts of the agreement on construction of new thermal
power plant have been approved by the Armenian government during a
session on Thursday.
According to the agreement, $600 million will be allocated for the
construction of a thermal power plant consisting of two units with
General Electric 270 MW gas turbines.
The constructor, Anaklia IEP Holding, expressed readiness to deal
with the export of produced electricity.
"Armenia needs this project. This is a major investment program,
which will expand our ability to export electricity," Prime Minister
Hovik Abrahamyan said.
Minister of Energy Yervand Zakharyan said the government, for its
part, is ready to give the company tax preferences and guarantees
for the protection of investments.
A few days ago Minister Zakharyan said that Armenia will ask Japan
for a loan of $400- 450 million for the construction of a new power
unit of Yerevan TPP.
Armenia News - NEWS.am
13:09, 14.08.2014
YEREVAN. - Abstracts of the agreement on construction of new thermal
power plant have been approved by the Armenian government during a
session on Thursday.
According to the agreement, $600 million will be allocated for the
construction of a thermal power plant consisting of two units with
General Electric 270 MW gas turbines.
The constructor, Anaklia IEP Holding, expressed readiness to deal
with the export of produced electricity.
"Armenia needs this project. This is a major investment program,
which will expand our ability to export electricity," Prime Minister
Hovik Abrahamyan said.
Minister of Energy Yervand Zakharyan said the government, for its
part, is ready to give the company tax preferences and guarantees
for the protection of investments.
A few days ago Minister Zakharyan said that Armenia will ask Japan
for a loan of $400- 450 million for the construction of a new power
unit of Yerevan TPP.
Armenia News - NEWS.am