Yerevan Jur to seek fresh loans to upgrade obsolete water distribution system
02.12.2011,
22:24
The French-run Yerevan Jur company managing Armenian capital city's water distribution network will seek fresh loans to modernize the system, René Paul, chairman of Yerevan Jur board said today. Mr. Paul also oversees Veolia’s projects in Turkey, Russia a
YEREVAN, December 2. /ARKA/. The French-run Yerevan Jur company managing Armenian capital city's water distribution network will seek fresh loans to modernize the system, René Paul, chairman of Yerevan Jur board said today. Mr. Paul also oversees Veolia’s projects in Turkey, Russia and some other former Soviet republics.
Veolia has received large-scale loans from the World Bank ($18 million) and the French government (25 million euros) to upgrade the Armenian capital’s obsolete water and sewerage networks. Most of its drinking water still leaks out of eroding Soviet-era pipes before reaching consumers.
‘Our ultimate and ambitious goal is to ensure 24 hour water supplies,’ Paul said but declined to specify how much it will seek to attract this time.
According to him, the duration of water supply depends largely on seasons making 21 hours a day at some periods and worsening in summer. He said this is partly due also to various tricks used by some consumers to tap illegally on pipes To resolve this problem, the company is closely cooperating with local authorities. Rene Paul said also the priority task at this moment is rehabilitating water purification stations.
Yerevan Jur (Yerevan Water) is run by French Veolia Generale des Eaux that won an international tender announced by World Bank to take up a long-term management of the Yerevan network in 2006. It pledged to upgrade the obsolete network and ensure 24-hour water supplies to households
The company manages also drinking and waste water removal systems in Ararat, Aragatsotn and Kotayk provinces. Yerevan Jur has 339,370 customers. The company produces 370 million cubic meters of drinking water a year and manages 2,120 km of water pipelines. -0-
Veolia has received large-scale loans from the World Bank ($18 million) and the French government (25 million euros) to upgrade the Armenian capital’s obsolete water and sewerage networks. Most of its drinking water still leaks out of eroding Soviet-era pipes before reaching consumers.
‘Our ultimate and ambitious goal is to ensure 24 hour water supplies,’ Paul said but declined to specify how much it will seek to attract this time.
According to him, the duration of water supply depends largely on seasons making 21 hours a day at some periods and worsening in summer. He said this is partly due also to various tricks used by some consumers to tap illegally on pipes To resolve this problem, the company is closely cooperating with local authorities. Rene Paul said also the priority task at this moment is rehabilitating water purification stations.
Yerevan Jur (Yerevan Water) is run by French Veolia Generale des Eaux that won an international tender announced by World Bank to take up a long-term management of the Yerevan network in 2006. It pledged to upgrade the obsolete network and ensure 24-hour water supplies to households
The company manages also drinking and waste water removal systems in Ararat, Aragatsotn and Kotayk provinces. Yerevan Jur has 339,370 customers. The company produces 370 million cubic meters of drinking water a year and manages 2,120 km of water pipelines. -0-
