Construction of water reservoir in Armenia’s Vedi will be completed by the middle of 2020
31.07.2017,
15:55
The construction of a water reservoir in Armenia’s Vedi that kicked off in March will be completed by the middle of 2020, the chairman of the State Water Committee Arsen Harutyunyan told Armenian Prime Minister Karen Karapetyan who visited today the construction site.
YEREVAN, July 31. /ARKA/. The construction of a water reservoir in Armenia’s Vedi that kicked off in March will be completed by the middle of 2020, the chairman of the State Water Committee Arsen Harutyunyan told Armenian Prime Minister Karen Karapetyan who visited today the construction site.
The construction of the reservoir, able to store about 30 million cubic meters of irrigation water and worth 90 million euros started in late March 2017.
It will accumulate free streams of two rivers -Vedi and Khosrov. Two dams will be built for the reservoir with a basin area of 120 hectares. According to Harutyunyan, this project will create 150 new jobs.
The money for the construction of the reservoir comes form the French Development Agency (75 million loan) with the co-financing of the Armenian government. The loan is to be repaid within 20 years. It is provided with a six-year grace period and at an interest rate that can not be higher than 6.25% and less than 0.25%.
The project when completed will alleviate the problem of water shortage in the Ararat Valley and allow the transition from mechanical to the gravity irrigation system, which, in turn, will result in saving of electricity.
The project of the reservoir was developed by the French Artelia Eau & Environment and Belgian Sher Ingenieurs-Conseils in cooperation with Jrtuk LLC. The construction is carried out by the Armenian company Sahakyanshin and the Iranian consortium Pega Construction.--0—
The construction of the reservoir, able to store about 30 million cubic meters of irrigation water and worth 90 million euros started in late March 2017.
It will accumulate free streams of two rivers -Vedi and Khosrov. Two dams will be built for the reservoir with a basin area of 120 hectares. According to Harutyunyan, this project will create 150 new jobs.
The money for the construction of the reservoir comes form the French Development Agency (75 million loan) with the co-financing of the Armenian government. The loan is to be repaid within 20 years. It is provided with a six-year grace period and at an interest rate that can not be higher than 6.25% and less than 0.25%.
The project when completed will alleviate the problem of water shortage in the Ararat Valley and allow the transition from mechanical to the gravity irrigation system, which, in turn, will result in saving of electricity.
The project of the reservoir was developed by the French Artelia Eau & Environment and Belgian Sher Ingenieurs-Conseils in cooperation with Jrtuk LLC. The construction is carried out by the Armenian company Sahakyanshin and the Iranian consortium Pega Construction.--0—
