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Technology
PSRC head: AMD 65bn underinvested in improving quality of electricity supply in Armenia
Armenia's national power distribution company Electric Networks of Armenia (ENA) planned to invest AMD 233 billion in improving electricity supply in 2016-2023, but invested AMD 229.9 billion in total Garegin Baghramyan, head of the Public Services Regulatory Commission (PSRC), said at a parliamentary hearing on electricity supply problems today.
20.09.2024, 18:10
Society
Inspection at High Voltage Power Grids Company reveals violations worth billions of drams
Armenia's Investigative Committee has initiated criminal proceedings after an inspection of the state-owned High Voltage Power Grids Company conducted by the State Oversight Service revealed a string of massive violations.
10.11.2023, 17:39
Technology
PSRC fines Electrical Networks of Armenia to the tune of 20 million drams
Armenia’s Public Services Regulatory Commission (PSRC) has fined the Electrical Networks of Armenia (ENA) to the tune of 20 mln drams.
13.07.2022, 14:10
Technology
Second power unit of Armenian NPP brought to halt for preventive repairs
The second power unit of the Armenian Nuclear Power Plant (NPP) was brought to a 73-day halt last Saturday for the scheduled annual preventive repair, the facility said in a Facebook post.
18.04.2022, 09:24
Technology
Armenian nuclear power plant reconnected to national energy system
On October 17, Armenia’s nuclear power plant (NPP) in Metsamor was reconnected to the national power grid after a major repair, which was part of a project designed to modernize and extend the service life of the facility, Rusatom Service (a division of Russian state atomic corporation Rosatom), the general contractor of the project, said today.
18.10.2021, 11:11
Business
Moody's assigns Ba2 corporate family rating and a Ba2-pd probability of default rating to Electric Networks of Armenia
Moody's Investors Service has assigned a Ba2 corporate family rating (CFR) and a Ba2-PD probability of default rating to the Electric Networks of Armenia (ENA), the national electricity distribution grid of the government of Armenia (Ba3 stable). The outlook on the ratings is stable.
01.02.2020, 16:30
Technology
Russian and Armenian ministers discussed formation of common energy market
Armenia's Minister of Territorial Administration and Infrastructures Suren Papikyan and Russia's Minister of Energy discussed in Moscow the process of forming a common electricity market across the Eurasian Economic Union (EEU).
04.10.2019, 18:15
Technology
Yerevan TPP and 5th power unit of Hrazdan TPP disconnected from power grid
Armenian Deputy Prime Minister Tigran Avinyan confirmed today that a major blackout in the capital city Yerevan and several provinces was caused by an accident in the country’s energy system.
10.07.2019, 15:19
Business
Government of Armenia subsidizes interest rates on loans provided for installment of anti-hail grids
The government of Armenia has approved today a program on subsidizing interest rates on loans provided for installment of anti-hail grids.
04.04.2019, 15:57
Technology
Iran and Russia discussed connecting their power grids across South Caucasus
Iranian Energy Minister Reza Ardakanian discussed with his Russian counterpart Alexander Novak by telephone the prospect of connecting the two countries' power grids through the territory of Azerbaijan, Georgia or Armenia, Russian news agency TASS reported today.
12.03.2019, 18:01
Technology
Ameriabank assists in commissioning of hydropower and solar plants in Armenia
Ameriabank said today it has assisted in the construction of a hydropower plant and a solar power plant in Armenia.
12.03.2019, 16:55
Business
Armenian ministry to subsidize interest rates on loans for purchase of anti-hail grids
The Armenian Ministry of Agriculture will subsidize interests on loans provided for purchase of anti-hail grids, the official website of the Armenian government on Facebook says on behalf of the Minister of Agriculture Artur Khachatryan.
13.08.2018, 15:58
Business
Vaba LLC to invest 2.5 billion drams in construction of anti-hail grids plant
Under an Armenian government decision, passed today, Vaba LLC will be provided with a set of customs duty benefits.
21.06.2018, 16:38
Economy
Plant in Armenian Vanadzor to produce anti-hail grids
CARMAC Group, a company from Italy and Armenian Vaba LLC will build a plant in Vanadzor, the capital of northern region of Lori, to produce anti-hail grids.
29.03.2018, 19:05
Business
Armenian farmers cannot afford anti-hail grids
Armenian farmers can not afford to install anti-hail grids, Sarkis Sedrakyan, the head of Farmer Heritage NGO, told reporters on Monday.
19.03.2018, 18:42
Technology
EBRD stands ready to invest hundreds of millions of US dollars in Armenia’s power grid
The European Bank for Reconstruction and Development (EBRD) stands ready to invest hundreds of millions of US dollars in Armenia's power grid, Bruno Balvanera, EBRD Regional Director told Armenian journalists on Monday.
13.11.2017, 18:04
Technology
Armenian nuclear power plant reconnected to power grid
The Armenian nuclear power plant in Metsamor has been reconnected to the national power grid today resuming energy production, the press service of the Ministry of Energy and Natural Resources said.
07.07.2017, 17:20
Technology
$32 million worth reconstruction of Agarak-2 and Shinuayr substations begins in Armenian in Syunik
A major reconstruction of Agarak-2 and Shinuayr substations in the southern Armenian province of Syunik has begun as part of a program designed to upgrade the country’s power grid.
06.06.2017, 15:12
Technology
Armenian ministry urges individuals and legal entities to install standalone solar panels
Armenia’s ministry of energy infrastructure and natural resources has urged today local individuals and legal entities to install standalone solar panels, saying all the prerequisites for it have been created.
29.11.2016, 17:50
Technology
Tashir group said to be negotiating acquisition of electrical networks of Karabakh
The Russia-based Tashir group of companies, owned by an ethnic Armenian billionaire Samvel Karapetyan, plans to acquire the Electrical Networks of Nagorno-Karabakh, the local power distribution company, an Armenian daily "Zhamanak" (Time), says in its today’s issue citing its own sources.
14.09.2016, 11:17
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Armenia's Investigative Committee has announced the reasons for the search at the Tashir Group headquarters in Yerevan.
Armenia's Investigative Committee explains reasons for search at Tashir Group headquarters in Yerevan
