Several programs to be implemented in energy sector this<br /> year<br />


Several programs to be implemented in energy sector this
year

  • 30-01-2009 20:00:00   | Armenia  |  Economy
YEREVAN, JANUARY 30, NOYAN TAPAN. The RA Ministry of Energy and Natural Resources pays special attention to development of atomic energy, integration with regional energy systems, ensuring the diversity of communications and own renewabale energy resources, creation of a legislative field on reproduction of natural resources and their complex and efficient use. By the report submitted to the RA prime minister on January 30, the construction of Kajaran-Ararat section of Iran-Armenia gas pipeline and the design of a 400 kvt Iran-Armenia transmission line were completed. Speaking about the shortcomings, the minister Armen Movsisian said that although the design of the 400-kvt Iran-Armenia line was completed, the financing program was not signed as German KfW bank decided to examine once agian the results of the feasibility study. These results were reconfirmed, and the financing document will be signed at an Armenian-German forum to be held in May. It was mentioned that two big projects on construction of hydropower plants in Lori and Meghri were initiated with the aim of developing own renewable energy resources. According to the minister, there was an attempt to implement alternative programs on Lori hydropower plant, but the work stopped because of the financil crisis. Now the ministry is working with the World Bank in this direction. The scheme of financing the Meghri hydropower plant is ready and will be signed with the representative of Iran's respective ministry soon. By this scheme, the Iranian side will make investments in the construction of Meghri hydropower plant.
  -   Economy