RusHydro company starts negotiating with potential purchasers of Sevan-Hrazdan Hydro Power Plant Cascade
02.06.2017,
11:48
RusHydro Company has started negotiating with potential purchasers of Sevan-Hrazdan Hydro Power Plant Cascade, Nikolay Shulginov, the head of the company, told journalists on Friday in St. Petersburg at the sidelines of the International Economic Forum.
YEREVAN, June 2. /ARKA/. RusHydro Company has started negotiating with potential purchasers of Sevan-Hrazdan Hydro Power Plant Cascade, Nikolay Shulginov, the head of the company, told journalists on Friday in St. Petersburg at the sidelines of the International Economic Forum.
“One [purchaser] emerged and vanished, now another appeared,” he said. “Now we are negotiating.”
According to TASS, Shulginov refrained from indicating the amount at which RusHydro estimates the assets and from naming the companies with which it is negotiating.
George Riginashvili, the company’s first deputy CEO, is quoted by the news agency as saying that RusHydro considers the asset non-core and that the asset’s value is planned to be estimated in the next two or three months.
The Sevan-Hrazdan Hydro Power Plant Cascade includes seven derivative hydro power plants on Armenia’s Hrazdan River.
RusHydro has finalized this asset purchase deal in March 2011. The package of shares of the International Energy Company, whose key assets was Sevan-Hrazdan Hydro Power Plant Cascade, was buy out by RusHydro’s subsidiary – Hydroinvest from Inter RAO Holding B.V., which is a part of INTER RAO UES Group. --0---
“One [purchaser] emerged and vanished, now another appeared,” he said. “Now we are negotiating.”
According to TASS, Shulginov refrained from indicating the amount at which RusHydro estimates the assets and from naming the companies with which it is negotiating.
George Riginashvili, the company’s first deputy CEO, is quoted by the news agency as saying that RusHydro considers the asset non-core and that the asset’s value is planned to be estimated in the next two or three months.
The Sevan-Hrazdan Hydro Power Plant Cascade includes seven derivative hydro power plants on Armenia’s Hrazdan River.
RusHydro has finalized this asset purchase deal in March 2011. The package of shares of the International Energy Company, whose key assets was Sevan-Hrazdan Hydro Power Plant Cascade, was buy out by RusHydro’s subsidiary – Hydroinvest from Inter RAO Holding B.V., which is a part of INTER RAO UES Group. --0---
