President Sargsyan attends opening of reconstructed Yerevan thermal power plant
22.04.2010,
17:58
Armenian president Serzh Sargsyan attended today the opening of reconstructed Yerevan Thermal Power plant, furnished with a new gas-steam combined cycled turbine.
YEREVAN, April 22 /ARKA/. Armenian president Serzh Sargsyan attended today the opening of reconstructed Yerevan Thermal Power plant, furnished with a new gas-steam combined cycled turbine.
Speaking to journalists on the site, energy minister Armen Movsisyan said the new power unit will help raise the reliability of Armenia’s power grid, optimize energy flows and cut energy losses at energy distribution stations.
“It is a modern plant with a 272 MW installed capacity to generate electric power at twice-reduced consumption of gas’ the minister said.
“The modern European technologies will enable to half the consumption of natural gas which is crucial after the price of natural gas was raised,” the minister said.
According to the minister, the plant is unique in the region, both in terms of its quality and application of high technology and technical capabilities.
The construction of the new power unit began on July 30 2008 on a $247 million loan provided by the Japanese Bank of International Cooperation (JBIC). The entire process from design to material and equipment procurement to engineering and installation was handled by Korean GS Engineering & Construction firm that won a US$218 million project from Yerevan Thermal Power Plant.
The minister said all of this will allow to keep electrical power prices on the current level this year, although Russia raised the price of gas it supplies to Armenia form April. The minister said the new plant is an ecologically friendly facility. The power to be generated by the plant will be used by domestic consumers and the surplus will be exported.
The Yerevan Thermal Power Plant was built in 1963-64. Its designed capacity was 550 megawatt.
Before the reconstruction only one of its seven units with a 50 megawatt capacity operated. -0-
Speaking to journalists on the site, energy minister Armen Movsisyan said the new power unit will help raise the reliability of Armenia’s power grid, optimize energy flows and cut energy losses at energy distribution stations.
“It is a modern plant with a 272 MW installed capacity to generate electric power at twice-reduced consumption of gas’ the minister said.
“The modern European technologies will enable to half the consumption of natural gas which is crucial after the price of natural gas was raised,” the minister said.
According to the minister, the plant is unique in the region, both in terms of its quality and application of high technology and technical capabilities.
The construction of the new power unit began on July 30 2008 on a $247 million loan provided by the Japanese Bank of International Cooperation (JBIC). The entire process from design to material and equipment procurement to engineering and installation was handled by Korean GS Engineering & Construction firm that won a US$218 million project from Yerevan Thermal Power Plant.
The minister said all of this will allow to keep electrical power prices on the current level this year, although Russia raised the price of gas it supplies to Armenia form April. The minister said the new plant is an ecologically friendly facility. The power to be generated by the plant will be used by domestic consumers and the surplus will be exported.
The Yerevan Thermal Power Plant was built in 1963-64. Its designed capacity was 550 megawatt.
Before the reconstruction only one of its seven units with a 50 megawatt capacity operated. -0-
