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#VOROTAN CASCADE

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

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