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First photo voltage solar power plant to be built in Armenia

31.01.2018, 13:49
The results of the tender announced for choosing a builder of a photo voltage solar power plant in Armenia will be known in spring 2018, Hayk Harutyunyan, deputy energy infrastructures and natural resources minister, said Wednesday at a pre-tender conference.

First photo voltage solar power plant to be built in Armenia
YEREVAN, January 31. /ARKA/. The results of the tender announced for choosing a builder of a photo voltage solar power plant in Armenia will be known in spring 2018, Hayk Harutyunyan, deputy energy infrastructures and natural resources minister, said Wednesday at a pre-tender conference.

The project implies construction of Masrik-1, a 45-to-55-megawatt photo voltage solar plant.

“As many as 20 companies from all over the world have applied for participation in the tender, but only 10 of them and one consortium have passed the pre-qualifying stage,” Harutyunyan said. “Very tight requirements have been put up to contenders at the pre-qualification stage, and therefore few could be able to continue racing for the right to build and run the plant.”  

The following Dutch, American, Korean, German and other companies have reached the second round: TBEA Xinjiang Sunoasis Co., Ltd, China –Subsolar Energy Holding LLC, the Netherlands, Phelan Energy Group Limited, South Africa –Korea Electric Power Corporation, Shapoorji Pallonji Infrastructure Capital Company Private Limited, India  – Risen Energy Co. Limited, China, Metka, Greece –Energy Phoenix, Lebanon, Access Infra Central Asia Limited, U.A.E  – Eren Renewable Energy S.A., France – TSK Electronica, Spain, Fotowatio Renewable Ventures B.V, Netherlands,  –FSL Solar S.L., Country: Spain, Acciona Energia S.A.U., Spain, Building Energy Development Africa, Italy  –H1 Holdings (Pty) Ltd, South Africa, Sky Power Global and Cayman –Enerparc Projects GMBH, Germany, CountourGlobal LP, Cayman Islands. 

The deputy minister said that the construction of the first photo voltage solar plant is expected to be launched already this year and that the plant will be commissioned no later than in 2020. 

Harutyunyan also said that prices for electric power were among selection criteria in the tender.

“We expected from applicants a record low price, a price lower than that of thermal plants and comparable to that of hydro power plants to down also the price for final consumer.

As for the cost of the project, it may be $40 to 60 million, according to preliminary estimation.   

In accordance with the investment program, an average price calculated for operation of Masrik-1 photo voltage solar plant for 25 years is 6.39m cents per one KWt/h, including VAT. 

A $58-million investment program aimed at renewable energy development was launched in Armenia in summer 2015.

The program is designed for five or six years and is being implemented by the Renewable Energy Fund with support from Climate Investment Funds, the Armenian energy and natural resources ministry, the World Bank and the Asian Development Bank. (1$ - AMD 480.63). -0-