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Passage on Armenia's longest bridge allowed again

Traffic on Nor-Hachin Bridge, the longest bridge in Armenia, which spans the Hrazdan Gorge, has been resumed, the Road Department reported. YEREVAN, 11 December. /ARKA/. Traffic on Nor-Hachin Bridge, the longest bridge in Armenia, which spans the Hrazdan Gorge, has been resumed, the Road Department reported. Traffic on the ...

12/11/2024


Government names Merop Mesropyan as head of PSRC

... nomination is to be approved by the parliament. The post became vacant after the resignation of Garegin Baghramyan on 10 October 2024.  Mesrop Mesropyan graduated from the National Polytechnic University, specialising in research engineering. He worked at Hrazdan Power Plant, Armenenergo, ArmRosgazprom, Redinet telecommunication company, and was Director of the Settlement Centre. In 2019-2020, he was a member of PSRC. From 2020 to 2021, he served as Governor of the Kotayk region of Armenia.-0-

11/07/2024


Armenia to tighten control over trout catch from Sevan

The Armenian National Assembly's Committee on Territorial Administration, Local Self-Government, Agriculture, and Environment Protection approved Wednesday a government-designed legislative initiative aimed at strengthening control over the catch of ishkhan (trout) in Lake Sevan. YEREVAN, November 6. /ARKA/. The Armenian National Assembly's Committee on Territorial Administration, Local Self-Government, Agriculture, and Environment Protection approved Wednesday a government-designed...

11/06/2024


Cyclone brings snow to Armenia, river levels to rise

... that on October 17-19, the air temperature throughout the country will gradually decrease by approximately 6-9 degrees Celsius. "Due to heavy precipitation on October 17-18, a significant increase in the volume of water flow in the Aghstev, Debed, Hrazdan, Kasakh, Azat and Vedi rivers and the Sevan basin is expected," the report says. -0-

10/17/2024


Hrazdan TPP comments on smelter explosion, refuting regulator

In an official  comment on an explosion at the smelter at Hrazdan TPP that killed an employee and injured five others, the TPP said the explosion of an air cylinder on September 10 took place  in a workshop under construction, which has not yet been put into final operation. YEREVAN, September ...

09/11/2024


Armenian government approves construction of first sanitary landfill

... total project cost of €11 million. The financing will include €5.5 million as a loan and €5.5 million as a grant. The landfill will be part of the "Solid Waste Management" program in Armenia. The project includes the completion of a new landfill in Hrazdan and the construction of waste processing stations in the communities of Martuni and Akunk. Additionally, contracts have been awarded for the procurement of 28 garbage trucks and 6,400 waste bins following a tender process. The program aims to ...

07/25/2024


Earthquake rocks Georgia, north Armenia

... kilometers southeast of the Georgian city of Gurjaani. In Armenia, the earthquake was felt in the Tavush province with an intensity of 5-6 points, in the cities of Alaverdi and Vanadzor in the Lori province with an intensity of 4 points, and in the city of Hrazdan in the Kotayk province with an intensity of 3 points.

07/22/2024


Investment programme on Armenia till 2026 may be expanded - Podguzov

... assumed that we will finance $200-300 million until 2026. But we are already reaching these milestones, probably by the end of 2024 - beginning of 2025," Podguzov said. He recalled that the bank also has investments in Armenia in the energy complex (Hrazdan TPP), food security (Yeremyan Projects Group of Companies), industry and mining (Zangezur Copper and Molybdenum Combine). "We are also considering a number of other projects. Thus, over the past two years our portfolio in Armenia has grown ...

06/27/2024


Armenia urges Russian Federation to invest in five enterprises handed over in exchange for debt in 2002

....29 million), Yerevan Research Institute of Mathematical Machines CJSC ($2.75 million), Yerevan Research Institute of Automated Control Systems CJSC ($3.37 million), Yerevan Research Institute of Materials Science CJSC ($0.35 million), the property of Hrazdan Thermal Power Plant ($31 million). -0-

04/10/2024


Accident at major water pipeline affects households in two districts of Yerevan

... /ARKA/. A major accident that occurred at Arzni 2-Yerevan main water pipeline the night before has affected about 25% of households and enterprises in Kentron and Arabkir administrative districts of Yerevan. The accident was caused by a rock fall in the Hrazdan River Gorge that damaged the water pipeline. The French-owned national water distributing company Veolia Jur said its employees have working since night to fix the problem. According to it, the elimination of the consequences will last several ...

03/11/2024


Armenian prosecutors initiate criminal investigation into illegal privatization of Yerevan's Hrazdan stadium

Armenian Prosecutor General's Office initiated a criminal case on the fact of privatization of "Hrazdan" stadium in Yerevan in 2004 at a cost that was 200 times lower than the real one. YEREVAN, February 14. /ARKA/. Armenian Prosecutor General's Office initiated a criminal case on the fact of privatization of "Hrazdan" stadium ...

02/14/2024


Armenian government more than halves quota for volume of legal fishing from Sevan - to 257 tons

... the heart of the Armenian Highlands, 1,914 meters above sea level. The lake stretches more than 70 kilometers in length, from northwest to southeast, and the area of its water mirror reaches almost 1.5 thousand square kilometers. Only one river - the Hrazdan (a tributary of the Arax) flows out of the lake, and 28 rivers flow into it. -0-

02/08/2024


Water level in Lake Sevan dropped by 10 centimeters

... heart of the Armenian Highlands, at 1,914 meters above sea level. The lake stretches more than 70 kilometers in length, from northwest to southeast, and the area of its water mirror reaches almost 1.5 thousand square kilometers. Only one river, the Hrazdan (a tributary of the Araks), flows out of the lake, while 28 rivers flow into it. -0-

02/01/2024


Lake Sevan's level decreased by 12 cm, water withdrawal amounts to 228 million cubic meters

... heart of the Armenian Highlands, at 1,914 meters above sea level. The lake stretches more than 70 kilometers in length, from northwest to southeast, and the area of its water mirror reaches almost 1.5 thousand square kilometers. Only one river, the Hrazdan (a tributary of the Arax), flows out of the lake, while 28 rivers flow into it. -0-

12/29/2023


New road to Zvartnots airport and new bridge over Hrazdan River to be built in Yerevan

... under the government, because ‘such large projects can be realized only with the support of the government.’ The plan calls for construction of an alternative road to connect the capital city with Zvartnots international airport, a new bridge in Hrazdan Gorge, which will connect Tbilisi Highway and Yeghvard Highway. The plan also stipulates that up to 50 kilometers of roads will be repaired annually. The city will also renew the fleet of buses and trolleybuses ($1 - 405.2 drams). -0-

12/26/2023


EDB preparing to sign $51 million loan agreement with IEC for upgrading Sevan-Hrazdan cascade of HPPs

The Eurasian Development Bank (EDB) is preparing to sign a $51 million loan agreement with the International Energy Corporation for the modernization of the Sevan-Hrazdan chain of hydro-power plants in Armenia, EDB Senior Managing Director Denis Ilyin told a press conference in Almaty, Kazakhstan. YEREVAN, December 14. /ARKA/. The Eurasian Development Bank (EDB) is preparing to sign a $51 million loan agreement ...

12/14/2023


PSRC approves electricity volumes to be purchased from Armenian NPP and IEC in 2024

... inclusive, almost 348.4 million kWh of electricity is to be purchased from the IEC and almost 2.35 billion kWh from the Armenian NPP. The decision will come into force from February 1, 2024. The International Energy Corporation CJSC manages assets of Sevan-Hrazdan HPP cascade with total installed capacity of 561.4 MW (it consists of 7 HPPs and 17 canals irrigating Ararat valley). The company, registered in May 2003, was acquired by Hrazdan Energy Company (HrazTES), a member of Tashir Group of Companies,...

12/13/2023


PSRC approves IEC's adjusted investment program worth AMD 1.9 billion

Armenia’s Public Services Regulatory Commission (PSRC) has approved the adjusted investment program of International Energy Corporation (IEC; it owns the Sevan-Hrazdan HPP cascade), worth about AMD 1.9 trillion. YEREVAN, December 13. /ARKA/. Armenia’s Public Services Regulatory Commission (PSRC) has approved the adjusted investment program of International Energy Corporation (IEC; it owns the Sevan-Hrazdan ...

12/13/2023


Government approves 60 mln euro loan agreement with ADB for Yerevan development

... Arshakunyats Avenue. It will connect 3 administrative districts of Yerevan and significantly ease the traffic congestion. As a result of this project the existing road will be shortened by about 1.8 km and another bridge will also be built over the Hrazdan River. --0--

11/09/2023


Yerevan Municipality to spend about 60 million drams on artistic lighting of Hahgtanak Bridge

... "Since this structure is one of the most representative bridges of the capital and an important architectural and construction hub, the company has committed to use modern LED solutions," Kostanyan noted. The 200 meter-long bridge, built over the Hrazdan River, was opened in 1945. It was named Haghtanakh Bridge to commemorate the victory over Nazi Germany in World War II. -0-

11/09/2023


Hrazdan TPP: History and Prospects in the Future Configuration of Armenia's Power System

The Hrazdan TPP is one of the major power generating companies, which together with Armenian NPP, Sevan-Hrazdan and Vorotan HPP cascades and Yerevan TPP produce more than 90% of all electricity in Armenia. YEREVAN, October 25. /ARKA/. The Hrazdan TPP ...

10/25/2023


Unique power unit for Armenia to be built on the basis of Hrazdan thermal power plant

A new 50 MW power unit, unique for Armenia, will be built on the basis of Hrazdan TPP. YEREVAN, August 29. /ARKA/. A new 50 MW power unit, unique for Armenia, will be built on the basis of Hrazdan TPP. To finance this project, the Eurasian Development Bank (EDB) will provide a $26 million loan to H Energy Solutions (a ...

08/29/2023


Armenia to buy 10-meter long speed boats for Lake Sevan Water Patrol

... the heart of the Armenian highlands, at an altitude of 1914 meters. The length of the lake from north-west to south-east is more than 70 km with water surface area almost 1.5 thousand sq. km. Twenty-eight rivers fall into the lake and one –The River Hrazdan-flows out of it. -0-

08/17/2023


Some $140 million to be invested in modernization of Sevan-Hrazdan HPP cascade by 2033 - EDB review

The International Energy Corporation (IEC) in Armenia will invest $140 million in the modernization of Sevan-Hrazdan cascade of HPPs in 2024-2033, according to the Eurasian Development Bank's (EDB). YEREVAN, July 31. /ARKA/. The International Energy Corporation (IEC) in Armenia will invest $140 million in the modernization of Sevan-Hrazdan cascade of HPPs ...

07/31/2023


Armenian parliament allows extra release of water from Lake Sevan for irrigation purposes

... lakes in Europe and Asia, located in the heart of the Armenian Highlands, at an altitude of 1914 meters above sea level. The lake stretches more than 70 kilometers in length, from northwest to southeast. The only river that flows out of the lake is the Hrazdan River, while 28 smaller rivers flow into it. By 2030, the lake level is to be raised to the optimum 1903.5 meters above sea level.--0-

07/12/2023


EDB provides US $26 million for construction of new power generation unit at Hrazdan TPP in Armenia

The Eurasian Development Bank (EDB) will provide US $26 million for the construction of a new power generation unit at the Hrazdan thermal power plant in Armenia. The loan agreement was signed with H Energy Solutions (Tashir Group), EDB said today in a press release. YEREVAN, July 3. /ARKA/. The Eurasian Development Bank (EDB) will provide US $26 million for the construction ...

07/03/2023


Armenian government wants to increase by almost 1.5 times the amount of water release from Lake Sevan.

... for irrigation purposes from the current 170 million cubic meters up to 240 cubic meters in 2023. It says that the amendments are prompted by the desire to mitigate water shortage and increase its availability in the irrigation systems fed from Sevan-Hrazdan derivative system. Lake Sevan, the main source of fresh water in the region and one of the largest mountainous lakes in Europe and Asia, is located in the heart of the Armenian highlands, at an altitude of 1914 meters. The lake stretches over ...

06/29/2023


Some 170 million cubic meters of irrigation water to be taken from Lake Sevan this year

... for irrigation purposes in 2023. This amount of water is set by a law. The water will be used for irrigation of 31,300 hectares of land, according to the government. Also, some 172 million cubic meters of irrigation water will be pumped out from the Hrazdan River, 45 million cubic meters from the Azat Reservoir and about 5 million cubic meters from the Aparan Reservoir. Lake Sevan is the main source of fresh water in the region and one of the biggest alpine lakes in Europe and Asia, situated in ...

05/11/2023


Armenian government includes Best Buy Aram CJSC into register of operators of ECOS FEZ

... creation of 50 new jobs with salaries ranging from AMD 350,000 to 600,000. Estimated annual production is supposed to grow from 75mln drams to 988.23mln drams (more than AMD 5.78mln in 8 years). ECOS FEZ, operating since January 2019 in the city of Hrazdan (Kotayk region), is an ecosystem for the development of digital business environment and production of innovative technological products and services. ($1 - 387.97 AMD). --0--

04/13/2023


Gift up to AMD 40,000: Rostelecom presents new, unprecedented special offer

... company has been providing services to the population in the center of Yerevan, in Erebuni, Nubarashen, Ajapnyak, Davitashen, Malatia-Sebastia, Nor Nork and Avan, Arabkir, Shengavit administrative districts: also in the towns of Abovyan, Charentsavan, Hrazdan, Vanadzor, Gyumri, Armavir, Masis, Artashat, Ararat, Dilijan, Ijevan, Kapan, Martuni, Alaverdi and Kajaran. There are sales and service offices in all these towns. -0- Rostelecom OJSC ( www.rostelecom.ru ) is the largest and dynamically developing ...

04/06/2023


Some $150 million may be invested in Yerevan Children's Railroad modernization project, including $20 million in the ropeway

... reconstruction of the Children's Railroad, according to him, is about $150 million, but the final decision has not been made yet. Avinyan didn't name the company that was going to invest in the railroad. The Children's Railroad was built in 1937 in the Hrazdan River Gorge. But over time, it became obsolete, and the tunnels connecting it to the center of Yerevan turned out to be in disrepair. The railroad and the adjacent area were to be modernized in the 1980s, but due to the collapse of the Soviet ...

03/02/2023


Government allocates AMD 1.1 bln to Yerevan Municipality to design new subway station

..., significantly relieving the heavy traffic in the city. Deputy Mayor of Yerevan Tigran Avinyan said the construction will last 48 months. The total length of the tunnel is about 1.5 km. The project includes construction of a bridge across the River Hrazdan. According to him, there are two options of the metro bridge: with reinforced concrete columns and a more modern option with metal trusses. He also noted that changes have been made to the project and if earlier the station was to be located near ...

03/02/2023


Twelve children were hospitalized in Hrazdan after unknown gas was used at school

An unknown gas was used by a student at school N 11 in Hrazdan, as a result of which 12 children aged 9-14 were taken to the, local hospital with deteriorating health, the Armenian Ministry of Health reported. YEREVAN, January 27. /ARKA/. An unknown gas was used by a student at school N 11 in Hrazdan,...

01/27/2023


Three new beaches to open on Lake Sevan this summer

... in the heart of the Armenian highlands at an altitude of 1914 meters. The length of the lake from north-west to south-east is more than 70 km with water surface area of almost 1.5 thousand sq. km. Twenty-eight rivers flow into it and only one-River Hrazdan- flows out. By 2030 the level of the lake is planned to reach an optimal level of 1,903.5 m above sea level. -0

01/04/2023


Price of Russian gas for Armenia not to change in next 10 years

... CJSC's (former name of Gazprom Armenia). Under the agreement Armenia will be paying annually $34.79 million to Russian Gazprom for 10 years because of failure to meet its commitment to return the investment made by Gazprom in the fifth power unit of the Hrazdan Thermal Power Plant. Of this sum, $31.79 million are to be repaid as investments and $3 million as fee for the operation and maintenance of the 5th unit of Hrazdan Thermal Power Plant. This is expected to help restart the 5th unit of the Hrazdan ...

11/25/2022


Experts want government to suspend operations of non-metallic mines in Lake Sevan basis until EIA undertaken

... the heart of the Armenian highlands, at an altitude of 1914 meters. The length of the lake from north-west to south-east is more than 70 km with water surface area almost 1.5 thousand sq. km. Twenty-eight rivers fall into the lake and one –The River Hrazdan-flows out of it. -0-

10/24/2022


Christina Aguilera to perform in Armenia’s capital

Christina Aguilera, an American singer, songwriter, actress, and television personality and a six-time Grammy winner will perform at Hrazdan Stadium in Yerevan, Armenia on October 22, HAYA Festival organizers said in a statement. YEREVAN, August 26, /ARKA/. Christina Aguilera, an American singer, songwriter, actress, and television personality and a six-time Grammy winner will perform ...

08/26/2022


Armenian environment ministry explains why Lake Sevan is 'blooming'

... the heart of the Armenian highlands, at an altitude of 1914 meters. The length of the lake from north-west to south-east is more than 70 km with water surface area almost 1.5 thousand sq. km. Twenty-eight rivers fall into the lake and one –The River Hrazdan-flows out of it. -0--

07/19/2022


Public beaches on Lake Sevan open July 1

... the heart of the Armenian highlands, at an altitude of 1914 meters. The length of the lake from north-west to south-east is more than 70 km with water surface area almost 1.5 thousand sq. km. Twenty-eight rivers fall into the lake and one –The River Hrazdan-flows out of it. -0-

06/23/2022


Municipality to spend 190 million drams on creating recreation zone at Yerevan Lake

... cleaning of the lake and adjacent territory from the garbage accumulated over the last 50 years. The cleaning started a month ago. As of May 5, about 8.5 thousand cubic meters of garbage was removed from the lake. The cleaning is carried out also in the Hrazdan River Gorge. The Yerevan Lake is an artificial reservoir located in the capital of Armenia, opened in 1967. ($1 - 466.87 AMD). --0--

05/12/2022


New natural gas prices take effect in Armenia on April 1

... meters. The additional revenues raised by the higher price will be used to pay annually $31.79 million to Russian Gazprom for 10 years because Armenia failed to meet its commitment to return the investment made by Gazprom in the fifth power unit of the Hrazdan Thermal Power Plant. Under the Armenian-Russian agreement the Russian natural gas will be provided to Armenia at the stable price of $165 per one thousand cubic meters for the next 10 years. The Russian natural gas is delivered to Armenia through ...

04/01/2022


Natural gas prices to rise in Armenia from April

....92. The additional revenues raised by the higher price will be used to pay annually $31.79 million to Russian Gazprom for 10 years because Armenia failed to meet its commitment to return the investment made by Gazprom in the fifth power unit of the Hrazdan Thermal Power Plant. Under the Armenian-Russian agreement the Russian natural gas will be provided to Armenia at the stable price of of $165 per one thousand cubic meters for the next 10 years. The Russian natural gas is delivered to Armenia ...

03/01/2022


Construction of fifth bridge over Hrazdan River in Yerevan almost over- municipality

The construction of the fifth major bridge over the Hrazdan River that flows through the Armenian capital is almost complete, the Yerevan Municipality reported. YEREVAN, February 4. /ARKA/. The construction of the fifth major bridge over the Hrazdan River that flows through the Armenian capital is ...

02/04/2022


Austria to support modernization of Sevan-Hrazdan cascade of hydroelectric power plants and construction of ski resort in Armenia

... company Doppelmayr and Armenian company Mayler, the latter will use Austrian technology in construction of a ski resort in Armenia. The second memorandum signed in the area of energy calls for the modernization of hydroelectric power plants on the Sevan-Hrazdan cascade. Armenian Foreign Minister Ararat Mirzoyan noted that the forum is a good occasion to deepen Armenian-Austrian economic relations, establish new profitable business ties and bring economic relations of the countries to a new level. In ...

02/03/2022


Lake Sevan’s level down 13 centimeters

... agriculture and other industries. Sevan covers 1,278 sq. km or 4.3% of Armenia’s total area. Its basin covered by the Gegharkunik region is home to 230,000 people (8% of the country’s total). The lake is fed by some 28 rivers and creeks. Only one river Hrazdan flows out of it.-0-

02/02/2022


Electrical Networks of Armenia and a Russian citizen acquire GNC-Alfa telecom

... company has been providing services to the population in the center of Yerevan, in Erebuni, Nubarashen, Ajapnyak, Davitashen, Malatia-Sebastia, Nor Nork and Avan, Arabkir, Shengavit administrative districts: also in the towns of Abovyan, Charentsavan, Hrazdan, Vanadzor, Gyumri, Armavir, Masis, Artashat, Ararat, Dilijan, Ijevan, Kapan, Martuni, Alaverdi and Kajaran. There are sales and service offices in all these towns. -0-

01/19/2022


Gazprom Armenia seeks 6% rise in natural gas price for consumers

... statement the PSRC said that the price for the Russian natural gas was very likely to be preserved at its current level for the next 10 years. "Armenia made commitments to return the investments made by Russian Gazprom in the fifth power unit of the Hrazdan Thermal Power Plant and ensure the internal rate of return. But the investments have not been returned; moreover, the credit obligations raised for the reconstruction of the plant have increased. To solve the problem, the Armenian and Russian ...

01/14/2022


Veolia Jur: water supplies to be halted to parts of Yerevan and Ararat province due to emergency

... Service building and the Yerevan State University. The following streets in Shengavit administrative district will have no water - Arshakunyats Ave., G.Nzhdeh, Shahamiryan, S. Sargsyan, May 9, Mkhchyan, Kotovsky, Musaelyan, Patkanyan, Madoyan, Odessa, Hrazdan, S. Zovar, Garibjanyan, Yekhbayrutyan, Mantashyan, Manandyan, Shevchenko, Nizami, Masis, Verin Shengavit 1st, 2nd, 10th-1st streets with alleys, Arin Bered street with 3rd and 5th alleys, Chekhov street 1-21st, Bagratunyan avenue 41-80, Nerkin ...

01/05/2022


Ameriabank opens new branch in Yerevan and unveils special limited offer for individual and corporate clients

... no service fee for 1 year, - provision of a Business card with no service fee for 1 year. Ameriabank Retail Banking Director Arman Barseghyan said at the event that this year the bank has already opened 5 branches: 4 in Yerevan and 1 in the town of Hrazdan. "We will continue our policy of network expansion by opening 1-2 branches annually to meet the needs of the population in places where our clients are concentrated," he said. Barseghyan noted that currently only 10% of transactions ...

12/21/2021


The price for Russian natural gas for Armenia to be preserved at its current level for next 10 years

... said in a statement that the price for the Russian natural gas is very likely to be preserved at its current level for the next 10 years. "Armenia made commitments to return the investments made by Russian Gazprom in the fifth power unit of the Hrazdan Thermal Power Plant and ensure the internal rate of return. But the investments have not been returned; moreover, the credit obligations raised for the reconstruction of the plant have increased. To solve the problem, the Armenian and Russian ...

12/21/2021


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