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Business
Armenian regulator approves Vorotan HPP cascade's investment program worth AMD 6.78 bln
Armenia's Public Services Regulatory Commission (PSRC) has approved today the three-year investment program of the Vorotan HPP cascade, owned by American company Contour Global.
20.12.2023, 14:37
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
Society
Residents of Shurnukh and Vorotan villages to continue receiving financial assistance until their new houses built
The government of Armenia decided today to continue paying monthly assistance to 38 residents of the villages of Shurnukh and Vorotan in the southern region of Syunik.
19.10.2023, 12:02
Society
Some 6.6 million drams allocated as additional social support for residents of Shurnukh and Vorotan villages
The Armenian government has released today 6.6 million drams from its Reserve Fund as additional social support for the residents of Shurnukh and Vorotan villages in the Syunik region.
02.03.2023, 17:27
Business
Armenian deputy prime minister and Iranian ambassador look into status of construction of alternative road to connect both countries
Armenia’s Deputy Prime Minister Suren Papikyan converged today with Iranian Ambassador to Armenia Abbas Badakhshan Zokhuri to discuss the situation on a section of a road that links Armenia with the Islamic Republic.
29.09.2021, 19:19
Politics
Pro-government MP says Azerbaijani checkpoint on Yerevan-Kapan highway is 'on Soviet Azerbaijani territory'
An Azerbaijani police checkpoint set up near the village of Vorotan in the Syunik region of Armenia is "on the territory of Soviet Azerbaijan," MP from the ruling Civil Contract party Eduard Aghajanyan told reporters today.
14.09.2021, 18:11
Politics
Azerbaijani troops block second road section in Armenian Syunik
Armenia’s human rights defender Arman Tatoyan said today that apart from blocking the Karmrakar-Shurnukh section of the Kapan-Goris road in the southeastern region of Syunik on August 25, Azerbaijani troops have blocked a section of the road that runs from Goris to Vorotan rural community.
26.08.2021, 12:57
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
Society
Residents of Shurnukh and Vorotan villages to get government assistance
Residents of Shurnukh and Vorotan settlements in Armenia's southern province of Syunik, whose houses appeared on the other side of the border inside Azerbaijan after the end of the war in Nagorno-Karabakh will receive government assistance, Labor and Social Affairs Minister Mesrop Arakelyan said on Wednesday during an extraordinary meeting of the parliament.
03.02.2021, 15:06
Technology
ContourGlobal to invest 27.5 billion drams in modernization of Vorotan cascade of hydroelectric power plants
The ContourGlobal Hidro Caskad will invest 27.5 billion drams in the modernization of the Vorotan cascade of hydroelectric power plants, Armenian Deputy Minister of Economy Avak Avanesyan said during a meeting of the Armenian government today.
10.10.2019, 15:25
Technology
Reconstruction of overhead power lines underway
The reconstruction of the 220-kilowatt overhead electricity transmission line stretching from Noraduz through Vardenis, Vayk to Vorotan-1, located between the Hrazdan Thermal Power Plant and the Shinuair substation and the 50 km long 110-kilovolt Lalvar and Noyemberyan line is underway, the ministry of energy infrastructure and natural resources said.
30.08.2017, 17:11
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
Business
IFC arranges $140 million in financing to boost clean energy supplies in Armenia
IFC, a member of the World Bank Group, said it has arranged a landmark $140 million financing package for the Vorotan Hydropower Cascade, one of Armenia’s main power generating facilities, to bolster the country’s supply of clean energy.
07.02.2017, 17:23
Technology
Reconstructed transmission line to connect Hrazdan TPP and Vorotan Cascade of HPPs
The reconstruction of overhead transmission line Noraduz-Lichk- Vardenis- Vayk-Vorotan-1, stretching for about 230 km and implemented with the funding from the International Bank for Reconstruction and Development, will be completed in the first half of 2017, the ministry of energy infrastructure and natural resources said.
20.12.2016, 17:11
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
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Popular
Armenian exports to the United States may not face direct repercussions from the tariffs introduced by US President Donald Trump.
Economist raises concerns over Armenian export competitiveness amid inflated USD/AMD exchange rate (video)
