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Business

American owner of Vorotan HPP cascade plans to invest AMD 6.78 bln in 3 years

Armenia's Public Services Regulatory Commission (PSRC) will consider on December 20 the three-year investment program of the Vorotan HPP cascade, owned by an American company Contour Global.

19.12.2023, 14:44

Technology

U.S. Contour Global to invest 10.25 billion drams in modernization of Vorotan cascade of hydropower plants

Armenia’s Public Services Regulatory Commission (PSRC) said today it will look July 7 into a three-year investment program of the American company Contour Global, which owns the Vorotan cascade of hydroelectric power plants.

06.07.2021, 16:12

Technology

Fifty-one million euro investment in Vorotan cascade to be included in electricity price

Armenia’s Public Services Regulatory Commission (PSRC) has allowed today the Contour Global Hydro Cascade, the owner of Vorotan cascade of hydropower plants in the southern region of Syunik, to incorporate 51 million euros, which it plans to attract from the German KfW bank to upgrade the utility, into the electricity price.

29.03.2017, 16:13

Technology

Contour Global to attract $150 million to upgrade Vorotan hydropower plant

Armenia’s Public Services Regulatory Commission (PSRC) has approved the decision of US-based Contour Global company to attract a $150 million loan for the modernization of Vorotan cascade of hydropower plants, located in southern Armenia.

12.12.2016, 15:31