YEREVAN, December 2. / ARKA /. Armenian president Serzh Sargsyan and his Russian counterpart Vladimir Putin who has arrived today in Armenia, took part in a ceremony commissioning the fifth unit of the Hrazdan thermal power plant in central Armenia.
The two presidents who were in the northern city of Gyumri, got in touch with the head of Russian Gazprom Alexei Miller via a videoconference. The latter was in Hrazdan reporting that the fifth unit was ready to go online.
The unit has a capacity of 480 megawatts and will generate 3.3 billion kWh of electricity annually. According to Miller, Gazprom had invested some $300 million in the construction of the unit.
The fifth unit of Hrazdan thermal power plant has been on trial operation since 2012 January. The construction of the facility was started in the late 1980s, but ground to a halt following the Soviet Union’s collapse.
Russian Gazprom which now owns 80 percent in ArmRosGazporm (ARG), Armenia’s Russian-owned national gas distributing company, acquired the incomplete facility in 2006 as part of an agreement with the Armenian government.
The fifth unit is more powerful and efficient than the four other operating units of the plant. Its launch will significantly boost Armenia’s power generating capacity. The fifth unit runs steam and gas turbines making it unique not only in the region, but also in the world. -0-