Shnogh power plant in Armenia to generate 300 million KWh electricity
13.02.2018,
18:02
A major hydroelectric plant to be built on the Debed river in Armenia’s northern Lori province is supposed to generate 300 million kWh of electricity a year, deputy minister of energy infrastructures and natural resources Hayk Harutyunyan told journalists on Tuesday.
YEREVAN, February 13. /ARKA/. A major hydroelectric plant to be built on the Debed river in Armenia’s northern Lori province is supposed to generate 300 million kWh of electricity a year, deputy minister of energy infrastructures and natural resources Hayk Harutyunyan told journalists on Tuesday.
The 76-megawatt facility will be located near the village of Shnogh, south of the border with Georgia.
The facility’s construction will be financed by the Investors Club of Armenia (ICA), an investment fund set up by the Russia-based billionaire of Armenian origin Samvel Karapetyan in 2017 January.
Last year the U.S. State of Ohio-based Robbins company, and a top executive of a Samvel Karapetyan-owned company signed a relevant memorandum of understanding, whereby Robbins will participate in the project by building a 22-kilometer-long water tunnel that would be part of the future plant.
‘This is a serious investment program. The Shnogh HPP will occupy a very important place in the energy system of Armenia, especially that in the north of the country we have little power generating capacity," Harutyunyan said.
He added also that negotiations are under way with the Investors' Club to build larger renewable power plants, as well as to build a garbage processing plant that would also generate electricity. -0-
The 76-megawatt facility will be located near the village of Shnogh, south of the border with Georgia.
The facility’s construction will be financed by the Investors Club of Armenia (ICA), an investment fund set up by the Russia-based billionaire of Armenian origin Samvel Karapetyan in 2017 January.
Last year the U.S. State of Ohio-based Robbins company, and a top executive of a Samvel Karapetyan-owned company signed a relevant memorandum of understanding, whereby Robbins will participate in the project by building a 22-kilometer-long water tunnel that would be part of the future plant.
‘This is a serious investment program. The Shnogh HPP will occupy a very important place in the energy system of Armenia, especially that in the north of the country we have little power generating capacity," Harutyunyan said.
He added also that negotiations are under way with the Investors' Club to build larger renewable power plants, as well as to build a garbage processing plant that would also generate electricity. -0-
