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KfW to provide 75 million Euros to connect Armenian and Georgian ene

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  • KfW to provide 75 million Euros to connect Armenian and Georgian ene

    KfW to provide 75 million Euros to connect Armenian and Georgian energy systems

    21:15, 2 December, 2014


    YEREVAN, 2 DECEMBER, ARMENPRESS. The Republic of Armenia and KfW bank will
    be signing a 75-million Euro loan and tranche agreement in the frames of
    the Power Transmission in Caucasus Tranche I, which is also enshrined in
    the agreement on financial cooperation signed between the Governments of
    the Republic of Armenia and Germany on 5 November 2013.

    The goal of the tranche is to connect the Armenian and Georgian energy
    systems with the 500/400/220 kW high-voltage current converter station
    stationed in Ayrum located near the Georgian border. The connection from
    the Georgian side will be through a 500 kW line from the Marneul
    substation, and the connection from the
    Armenian side will be through the 400 kW line from Hrazdan.


    http://armenpress.am/eng/news/786295/kfw-to-provide-75-million-euros-to-connect-armenian-and-georgian-energy-systems.html

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