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Serzh Sargsyan Familiarizes Himself With Construction Work At Yereva

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  • Serzh Sargsyan Familiarizes Himself With Construction Work At Yereva

    SERZH SARGSYAN FAMILIARIZES HIMSELF WITH CONSTRUCTION WORK AT YEREVAN TPP

    NOYAN TAPAN
    SEPTEMBER 28, 2009
    YEREVAN

    YEREVAN, SEPTEMBER 28, NOYAN TAPAN. Construction work at Yerevan
    Thermal Power Plant (TPP) has entered a final stage, with the units
    being put into operation one after another. The energy security
    of Armenia will increase with this 271-megawatt power station's
    launching scheduled for 30 April 2010. Armenian President Serzh
    Sargsyan familiarized himself with construction work on September 26.

    Director General of Yerevan TPP Hovakim Hovhannisian said work is being
    done in accordance with the contract operations agreement signed with
    the Japan Bank for International Cooperation which envisages financing
    of 24 billion yens. The global economic crisis has not affected the
    process of financing and construction. The general contractor of
    construction is South Korean GS Enginering and Construction company.

    It was mentioned that equipment of Alstom and Fuji companies has been
    installed at the thermal power plant. Fuel consumption at the plant
    will be two times less than at any power plant in the territory of
    the former USSR.

    "Under conditions of a sharp growth in natural gas prices, this
    reduction is of great importance for the Armenian economy," the
    director said.

    RA Minister of Energy and Natural Resources Armen Movsisian told
    reporters that putting the power plant into operation will enable
    to solve problems related to domestic consumption and the export of
    electric power. The plant will employ about a hundred people. In his
    words, the number of jobs is conditioned by the current technical
    opportunities: about 400 people would work at such a plant in the
    Soviet time.

    From: Emil Lazarian | Ararat NewsPress
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