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Renewable Energy Sector In Armenia Needs Nearly $160 Million Investm

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  • Renewable Energy Sector In Armenia Needs Nearly $160 Million Investm

    RENEWABLE ENERGY SECTOR IN ARMENIA NEEDS NEARLY $160 MILLION INVESTMENTS

    ArmInfo
    2009-11-04 16:35:00

    ArmInfo. Renewable energy sector in Armenia needs nearly $160
    million investments, says Karen Martirosyan, Ameria Deputy Director
    for Consulting Services. This amount will ensure operation of 40-50
    small HPPs. Ameria Company has studied the feasibility study of these
    plants. He says a foreign company, Ameria's client, will invest in
    several small hydro power plants.

    Ameria is a group of professional services companies registered in
    Armenia with the objective to provide a comprehensive package of
    professional advisory and assurance services. Ameria specializes
    in four major areas of professional activities: management advisory
    services; assurance and advisory services; legal advisory services;
    investment banking. Established in 1998, the company has become
    a leader in the Armenian market of advisory services bringing an
    international reach and local touch to complex issues rising in more
    than 30 industry sectors.

    From: Emil Lazarian | Ararat NewsPress
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