New power unit at Yerevan Thermal Power Plant may be constructed in next 3-4 years – minister

New power unit at Yerevan Thermal Power Plant may be constructed in next 3-4 years – minister

YEREVAN, July 3. /ARKA/. The new power unit of the Yerevan Thermal Power Plant may be construction in the next three-four years, Armenia’s minister of energy and natural resources Yervand Zakharyan told reporters on Wednesday.

The government haas prepared the respective program envisaging more acceptable tariffs for electricity, he said at the official opening of Energy Week 2014.

Zakharyan said talks are under way with the Japanese side for the loan. Yet, the minister has not specified any details. The issue is being negotiated, he said.

The Yerevan thermal power plant was modernized and equipped with a new steam-gas unit of combined cycle and was re-commissioned in April 2010. Total rated capacity of the new plant is 271.7 megawatt; the production output is 242 megawatt and thermal output is 434.9 gigajoules-hours. The new steam-gas unit was constructed in cooperation with the Japanese Bank for International Cooperation that provided a loan worth $247 million for 30 years with a 10-year grace period.–0--

10:38 03.07.2014

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