Armenian president visits Yerevan thermal power plant
28.09.2009,
22:23
On Saturday President Serzh Sargsyan visited the Yerevan Thermal Power Plant to observe the construction of the new power unit of the plant the presidential press service said to ARKA.
YEREVAN, September 28. /ARKA/. On Saturday President Serzh Sargsyan visited the Yerevan Thermal Power Plant to observe the construction of the new power unit of the plant the presidential press service said to ARKA.
The construction of the new power unit began on July 30 2008 and is to be completed by April 2010.
The construction of the new power unit will allow to raise the reliability of Armenia’s power grid, to optimize energy flows, which will in turn cut energy losses at energy distribution stations, the presidential press office said.
Speaking to journalists on the site, Energy Minister Armen Movsisyan said 75% of the construction work was over. “It will be a modern plant with a 272 MW installed capacity to generate electric power at twice-reduced consumption of gas’ the minister said.
“The modern European technologies will enable to half the consumption of natural gas which is crucial under the price increase,” the minister said, adding that the price policy as well as generating capacity will be effective and flexible.
The Japanese Bank of International Cooperation (JBIC) provided Armenia with a $240 million loan to back the construction of the combined-cycle power plant.
Construction process, from design to material and equipment procurement to engineering and installation is being handled by Korean GS Engineering & Construction firm that won a US$218 million project from Yerevan Thermal Power Plant.
The Yerevan Thermal Power Plant was built in 1963-64. Its designed capacity is 550 megawatt.
Currently only one of its seven units with a 50 megawatt capacity operates. -0-
The construction of the new power unit began on July 30 2008 and is to be completed by April 2010.
The construction of the new power unit will allow to raise the reliability of Armenia’s power grid, to optimize energy flows, which will in turn cut energy losses at energy distribution stations, the presidential press office said.
Speaking to journalists on the site, Energy Minister Armen Movsisyan said 75% of the construction work was over. “It will be a modern plant with a 272 MW installed capacity to generate electric power at twice-reduced consumption of gas’ the minister said.
“The modern European technologies will enable to half the consumption of natural gas which is crucial under the price increase,” the minister said, adding that the price policy as well as generating capacity will be effective and flexible.
The Japanese Bank of International Cooperation (JBIC) provided Armenia with a $240 million loan to back the construction of the combined-cycle power plant.
Construction process, from design to material and equipment procurement to engineering and installation is being handled by Korean GS Engineering & Construction firm that won a US$218 million project from Yerevan Thermal Power Plant.
The Yerevan Thermal Power Plant was built in 1963-64. Its designed capacity is 550 megawatt.
Currently only one of its seven units with a 50 megawatt capacity operates. -0-
