650 million drams will be allocated for the completion of the Vedi Reservoir project in Armenia
30.07.2026,
14:44
Around 650 million drams are planned to be allocated for the final completion of the Vedi Reservoir project in 2026, announced Armenian Minister of Territorial Administration and Infrastructure David Khudatyan.
YEREVAN, July 30. /ARKA/. Around 650 million drams are planned to be allocated for the final completion of the Vedi Reservoir project in 2026, announced Armenian Minister of Territorial Administration and Infrastructure David Khudatyan.
"Of this amount, approximately 468 million drams will be paid to the contractor upon final completion of the work," Khudatyan said at a government meeting on Thursday.
According to him, the main construction work has been completed. Currently, the reservoir has accumulated 12.5 million cubic meters of water, compared to the projected capacity of approximately 30 million cubic meters.
The minister also reported that all reservoir systems, including emergency ones, have been tested.
Armenian Prime Minister Nikol Pashinyan called the construction of the Vedi Reservoir a unique engineering project.
"For the first time in the history of the Third Republic, such an engineering project has been implemented using completely new, unparalleled technologies. The construction process was complex," he said.
Pashinyan also proposed making a documentary about the reservoir's construction.
The Vedi Reservoir, with a capacity of approximately 29.4 million cubic meters, was built on the right bank of the Vedi River in the Ararat region.
The total cost of the project is €90 million. Over 80% of the funding was provided by the French Development Agency, with the remainder provided by the Armenian government.
According to government data, the reservoir's operation will enable gravity-fed irrigation of approximately 3,220 hectares of land in 11 settlements in the Ararat Valley, saving approximately 19 million kWh of electricity annually, and reducing losses in the irrigation network by 20-25%.
It is also expected that water withdrawals from Lake Sevan for irrigation will be reduced by approximately 18 million cubic meters per year.
"Of this amount, approximately 468 million drams will be paid to the contractor upon final completion of the work," Khudatyan said at a government meeting on Thursday.
According to him, the main construction work has been completed. Currently, the reservoir has accumulated 12.5 million cubic meters of water, compared to the projected capacity of approximately 30 million cubic meters.
The minister also reported that all reservoir systems, including emergency ones, have been tested.
Armenian Prime Minister Nikol Pashinyan called the construction of the Vedi Reservoir a unique engineering project.
"For the first time in the history of the Third Republic, such an engineering project has been implemented using completely new, unparalleled technologies. The construction process was complex," he said.
Pashinyan also proposed making a documentary about the reservoir's construction.
The Vedi Reservoir, with a capacity of approximately 29.4 million cubic meters, was built on the right bank of the Vedi River in the Ararat region.
The total cost of the project is €90 million. Over 80% of the funding was provided by the French Development Agency, with the remainder provided by the Armenian government.
According to government data, the reservoir's operation will enable gravity-fed irrigation of approximately 3,220 hectares of land in 11 settlements in the Ararat Valley, saving approximately 19 million kWh of electricity annually, and reducing losses in the irrigation network by 20-25%.
It is also expected that water withdrawals from Lake Sevan for irrigation will be reduced by approximately 18 million cubic meters per year.
