Announcement

Collapse
No announcement yet.

Armenian electric networks: 1.35 billion drams to be spent

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenian electric networks: 1.35 billion drams to be spent

    Panorama.am

    16:27 07/12/2007

    ARMENIAN ELECTRIC NETWORKS: 1.35 BILLION DRAMS TO BE SPENT

    The Public Services Regulatory Committee approved today 36 projects of
    the Armenian Electric Networks company costing 1.35 billion Armenia
    drams, VAT excluded. The projects must be implemented by the end of
    this year.

    Abgar Budaghyan, investment department head of the committee, said
    that the company submitted 52 projects for approval costing 2.336
    billion drams. The projects mainly relate to recovery of distribution
    networks, enlargement of the company due to new customers as well as
    reconstruction of the administrative buildings of the company.

    RAO `EES Rossii' is 100 percent owner of the Armenian Electric Network
    closed joint stock company. The shares were acquired by Interenergo
    company in 2006 on $73 million.



    Source: Panorama.am
Working...
X