Around 69 Million USD Saved in ANPP Second Power Unit Lifetime Extention Works

Around 69 Million USD Saved in ANPP Second Power Unit Lifetime Extention Works

EcoLur

RA Ministry for Energy Infrastructures and Natural Resources discussed issues relating to the extension and modernization of the ANPP second power unit and tenders. The works implemented within the first quarter were presented and the upcoming activities were considered. Relevant assignments have been issued, as Information and Public Relations Department of RA Ministry for Energy Infrastructures and Natural Resources informs.

According to this source, the two thirds of the works planned within the ANPP second power unit lifetime extension and modernization are about to be accomplished, while only US $136 million has been spent instead of estimated US $205 million and savings made up around 34%. Reminder: The term of this power unit expired in 2016. Nevertheless, the government decided to extend the operation lifetime of the second power unit for another 10 years taking into consideration the serious lack of basic capacities. For this purpose, Russia has granted a loan of US $ 270 million and a grant of 30 US$ million to Armenia.

15:47 May 30, 2017


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