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1.6 million cubic meters of water accumulated in the first stage of filling the Vedi reservoir
... Armenian Territorial Development Fund, the process of transporting water from the Vedi and Khosrov rivers through pipelines was carried out in a normal mode. The Vedi reservoir with a capacity of 29.4 million cubic meters was built on the right bank of the Vedi River in the Ararat region of Armenia. The cost of the project was 90 million euros, with more than 80% of the funding provided by the French Development Agency. With the launch of the reservoir, uninterrupted irrigation of about 3,220 hectares of land with 5,000 beneficiaries was ensured. Thanks to the transition from mechanical irrigation to gravity, about 19 million kWh of electricity will be saved per year, and the need to take ...
04/18/2025Vedi reservoir to be completed in 2025, final work to cost 1.7 billion drams
... “Next year, 1.7 billion drams will be released for testing and commissioning of the facility,” Sanosyan noted at budget discussions in parliament. The Vedi reservoir with a capacity of 29.4 million cubic meters is being built on the right bank of the Vedi River in the Ararat region of Armenia. The cost of the project is 90 million euros, more than 80% of which is financed by the French Development Agency. With the launch of the reservoir, uninterrupted irrigation will be ensured for about 3,220 hectares of land with 5,000 beneficiaries. By switching from mechanical to gravity irrigation, approximately 19 million kWh of electricity will be saved per year, and the need to take ...
11/05/2024French Foreign Minister visited Vedi reservoir, built in Armenia with funds from French Development Agency
French Minister for Europe and Foreign Affairs Stéphane Sejourné and Armenian Foreign Minister Ararat Mirzoyan visited on Sunday the Vedi reservoir, which is being built with a loan from the French Development Agency and co-financed by the Armenian Government, reported the press service of the Armenian Foreign Ministry. YEREVAN, September 16 /ARKA/. French Minister for Europe and Foreign Affairs Stéphane Sejourné and Armenian Foreign ...
09/16/2024Pashinyan: Vedi Reservoir almost complete, will irrigate over 3,200 hectares in Armenia
... Minister Nikol Pashinyan announced on Thursday. "The reservoir will have a capacity of 29 million cubic meters and will enable the irrigation of over 3,220 hectares of farmland," Pashinyan shared on Facebook. Located on the right bank of the Vedi River in Armenia's Ararat Province, the 29.4 million cubic meter reservoir is primarily funded by the French Development Agency, covering more than 80% of the project cost. Once operational, the reservoir will provide reliable irrigation for around 3,220 hectares, benefiting 5,000 farmers. The transition from mechanical to gravity-fed irrigation is expected ...
08/22/2024Armenia’s Deputy PM receives regional director of French Development Agency for Eurasia
... Decotigny was also present at the meeting. Welcoming the guests, the Deputy Prime Minister highly appreciated the role of the French Development Agency in the process of further expansion and deepening of multi-sectoral cooperation with France. In particular,... ... programs. During the meeting, the interlocutors exchanged ideas on issues of mutual interest, including the construction of the Vedi reservoir and other ongoing projects. The parties also referred to the possibilities of further expansion of cooperation.
06/27/2024French Development Agency to extend cooperation with Armenia’s government
... Armenia’s Prime Minister Nikol Pashinyan on Wednesday, as per the government’s press office. YEREVAN, 15 May. /ARKA/. The French Development Agency (FDA) plans to extend cooperation with the government of Armenia and to step up projects aimed at developing ... ... sides also discussed current projects that are being implemented in cooperation with the FDA, including the construction of a reservoir in Vedi, a town in the Ararat province of Armenia.
05/15/2024Armenian government approves extension of loan agreement for construction of Vedi reservoir
... 75 million euro loan agreement it had signed in 2016 with the French Development Agency. YEREVAN, July 28. /ARKA/. The Armenian government on Thursday approved a proposal to extend the 75 million euro loan agreement it had signed in 2016 with the French Development Agency. The government is using the loan to build the Vedi water reservoir in Ararat marz (province) and an irrigation network. The Vedi reservoir will have the capacity of 29.4 million cubic meters. Due to it, the local irrigation network will be switched from mechanical irrigation to self-powered irrigation of about ...
07/28/2023Projects for building 22 small water reservoirs in Armenian regions will be developed by tend of year – minister
Projects for building 22 small water reservoirs in Armenia's regions will be developed by the end of 2023, Territorial Administration and Infrastructure Minister Gnel ... ... regulate its flow. Sanosyan said also construction of large water reservoirs for irrigation purposes is underway. One is the Vedi Reservoir, whose construction is planned to be finished this year. Besides, according to him, the construction of Kapsi Reservoir,...
04/20/2023Construction of Vedi reservoir to be over by the end of 2022
... drams for the design of seven new reservoirs. The construction of the 90 million euro worth reservoir, which is able to store about 30 million cubic meters of irrigation water started in late March 2017. It will accumulate free streams of two rivers -Vedi and Khosrov. The money for the construction of the reservoir came form the French Development Agency (75 million loan) with the co-financing of the Armenian government. The loan 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% is to be repaid within 20 years....
02/23/2022Minister: Armenia ready to enlarge economic cooperation with France
... that the two countries had a lot of work to do. Raphaël Jozan, the head of the Regional Representative Office for South-Caucasus of the French Development Agency (Agence Française de Développement), who was present at the meeting, noted that the Vedi water reservoir, which is under construction with the participation of the French Development Agency, is an exemplary project and emphasized that such projects create new jobs and support the development of rural communities in Armenia. According to Jozan, the agency is also interested in investing in the reconstruction of rural ...
12/13/2021French Development Agency and Armenian finance ministry sign €10-million grant agreement to develop management of water resources
... about 500,000 people, which, having 65% of the irrigated land and have the potential for significant impact on the modernization of agricultural products in Armenia. The EU investments complement the loan program of €75 million provided in 2015 by the French Development Agency for the construction of the Vedi water reservoir in the Ararat region. The joint efforts of France and the European Union, aimed at promoting agriculture in Armenia, have received significant grant investments as part of the EU Neighborhood investment program. The European Union’s € 10-million ...
04/28/2020Armenia, France deepening cooperation in agriculture, education, tourism and urban planning
... the meeting. Avinyan said that the economic cooperation between the two countries continues deepening and expanding, and the French Development Agency’s activity in the country gives another impetus to development of the cooperation. Gaelle Assayag,... ... agriculture, tourism and urban planning were singled out at the meeting as important areas for cooperation. The construction of the Vedi Water Reservoir, which is being carried out thanks to the €75-million loan provided by the agency and co-financing by the Armenian ...
02/15/2019AMD 36 billion received in Armenia from EU in 2017 as European integration grants
... of the biggest programs is the sum allocated for construction of the Vanadzor-Alaverdi-border with Georgia road – AMD 8.9 billion has been spent on it,” he said. “The second largest project is the money received from France for construction of Vedi water reservoir – AMD 13.1 billion has been spent on it.” ($1 – AMD 482.83). -0----
05/31/2018Polish Simed Construction to build water reservoir in Armenia
... Polish company Simed Construction signed today in Yerevan a memorandum of understanding to cooperate in the construction of water reservoirs, the government said. YEREVAN, March 23. /ARKA/. Armenia’s State Water Committee, a division of the Ministry ... ... reservoirs, Sikorski said the company plans to start work in June 2018. He said tomorrow the company's representatives will go to Vedi, the site of a water reservoir under construction, to get acquainted with the process and discuss further steps. Prime Minister ...
03/23/2018Vedi water reservoir to be commissioned ahead of schedule, minister says
The construction of a water reservoir in Armenia’s Vedi will be completed by the end of 2020, ahead of schedule, Armenia’s minister of agriculture, Ignaty Arakelyan said today ... ... be built for the reservoir with a basin area of 120 hectares. The money for the construction of the reservoir comes form the French Development Agency (75 million euro loan) with the co-financing of the Armenian government. The loan is to be repaid within ...
03/20/2018Armenian president thanks French ambassador for development of economic component in interstate relations
... this short period contributed specifically to the development of the economic component of interstate relations. Sargsyan said that in addition to the active political dialogue, Mr. Charpentier made substantial efforts to boost the activities of the French Development Agency in Armenia, promote the involvement of French capital in different programs, among which the construction of Vedi Reservoir, the activities of Veolia company, etc. He wished Ambassador Charpentier every success in his future activity and expressed confidence that he would leave the country with vivid impressions and warm memories, and will remain a friend of Armenia....
09/29/2017Construction of water reservoir in Armenia’s Vedi will be completed by the middle of 2020
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 ... ... 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 ...
07/31/2017Construction of Vedi reservoir in Armenia will be completed ahead of schedule
The construction of a water reservoir in Armenia’s Vedi will be completed ahead of schedule, the chairman of the State Water Committee Arsen Harutyunyan told the parliament Tuesday.... ... cubic meters, which will allow solving local irrigation problems. 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 ...
07/04/2017Deployment of drip irrigation system in Armenia estimated to cost AMD 1 million
... words, the invested money will come back within four or five years. Harutyunyan said that two drip irrigation pilot programs have already been launched. “The first system for 500 hectares will be introduced as part of the program of construction of Vedi Water Reservoir in Ararat Valley,” he said. The second system will be deployed in Armavir province, where the area of the irrigated land will be increased by 500 hectares. There is also a grant program, in accordance with which 10% of the financing is borne ...
04/28/2017Vedi Water Reservoir construction launched in Armenia
... water reservoir since Armenia became independent in 1991 will lay groundwork for development of the sector and that results will be seen three or four years later. Specialists say 29.4 million cubic meters of water can be kept in this reservoir. The reservoir will be filled from Vedi and Khosrov rivers. Two levees are planned to be built here. The program implementation is estimated to cost €90 million. The financial resources will come from the French Development Agency with the Armenian government co-financing. The water reservoir will ensure irrigation of 7,500 hectares of land in Ararat Valley and will also contribute to restoration of environmental balance in Lake Sevan. The water reservoir ...
03/29/2017Construction of new water reservoirs in Armenia to save AMD 2.2 billion
... but it is quite expensive. “Over 25 years of Armenia’s independence only one water reservoir has been constructed – Marmarik Water Reservoir, which has already been commissioned,” Narimanyan said. In his words, this year the construction of Vedi reservoir was launched. In connection with this construction, Armenia’s government has given assent to a proposal to seal a €75 million loan agreement with the French Development Agency. It is planned to build a 85-meter levee for 29 million cubic meters of water to make it possible to irrigate 3,200 hectares. The construction is estimated to last about four years. Narimanyan said now Armenia has 80 water ...
03/22/2017Over $1.5 billion to be invested in Armenia’s energy sector between 2017 and 2019
... also became known at the session that Contur Global Company is going to invest $80 million in the repair and re-equipment of Vorotan Cascade Hydro Power Plant. Volodya Narimanyan, the head of Armenia’s Water Committee, presenting the program the Vedi water reservoir construction, said that it will be launched in the coming spring. In his words, this $95-million program will be carried out by a consortium of Iranian and Armenian companies. He said $20 million is planned to be invested in construction of ...
02/15/2017Construction of two water reservoirs to kick off next year
... resources in the country. "With this system, we can monitor the amount of water in the rivers and reservoirs," - he said. In May an extraordinary session of the Armenian parliament ratified a loan agreement the Armenian government signed with the French Development Agency (AFD) on January 26. The 75 million euro loan will be used to construct the Vedi reservoir in Ararat province. The loan provided with a six-year grace period and 1.29% interest rate is to be repaid within 20 years. The project when completed will alleviate the problem of water shortage in the Ararat Valley and allow the transition ...
12/16/2016Armenia to start construction of Vedi reservoir
... agreement the Armenian government signed with the French Development Agency (AFD) on January 26. YEREVAN, May 12. /ARKA/. An extraordinary session of the Armenian parliament has ratified today a loan agreement the Armenian government signed with the French Development Agency (AFD) on January 26. The 75 million euro loan will be used to construct the Vedi reservoir in Ararat province. The loan provided with a six-year grace period and 1.29% interest rate is to be repaid within 20 years. The head of the State Water Committee Aram Harutyunyan said the project when completed will alleviate the problem of ...
05/12/2016Government releases 510,000 euros for preparation of documents for restoration of Vedi water reservoir
... today to release 500,900 euros for the preparation of papers for the restoration of Vedi reservoir. YEREVAN, February 25. /ARKA/. The Armenian government decided today to release 500,900 euros for the preparation of papers for the restoration of Vedi reservoir. The money from a 75 million euro loan provided by the French Development Agency will be spent on the preparation of a package of tender documents for a major reconstruction of the reservoir as soon as possible. The loan is to be repaid within 20 years. It is provided with a six-year grace period and at an ...
02/25/2016French Development Agency provides Armenia with 75 million euro loan for restoration of Vedi reservoir
The French Development Agency has provided Armenia with a 75 million euro loan for the restoration of Vedi reservoir, the press service of the ministry of finance said. YEREVAN, January 27. / ARKA /. The French Development Agency has provided Armenia with a 75 million euro loan for the restoration of Vedi reservoir, the press service of the ministry of ...
01/27/2016French Development Agency to provide Armenia with 75 million euro loan for rehabilitation of Vedi water reservoir
The Armenian government on Thursday approved the signing of a 75 million euro loan agreement with the French Development Agency that will be used to rehabilitate the Vedi reservoir. YEREVAN, November 26. /ARKA/. The Armenian government on Thursday approved the signing of a 75 million euro loan agreement with the French Development Agency that will be used to rehabilitate the Vedi reservoir. Finance minister Gagik ...
11/26/2015Armenia to receive 500,000-euro grant from French Development Agency for infrastructure programs
... the government session. Armenia’s government approved signing the contract with French Development Agency today. “French Development Agency, offering official financial aid from the French government, expressed its readiness to finance a ... ... allocate us the grants,” Gabrielyan said. According to him, the projects to be financed are the construction of a storage reservoir in Vedi, development of communities around Tatev center, modernization of Yerevan’s water and sewer network, etc. -0-
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