$140M NECESSARY FOR RECONSTRUCTION OF YEREVAN TPP WILL BE GIVEN BY
GOVERNMENT OF JAPAN BY THE END OF THE YEAR, RA MINISTER OF ENERGY
HOPES

YEREVAN, August 25 (Noyan Tapan). The program of reconstruction of
Yerevan TPP isn’t delayed. Armen Movsisian, RA Minister of Energy,
reported this to journalists on August 25. He expressed a hope that by
the end of the year the government of Japan will make a decision about
the corresponding financing (about $14m) necessary for the
reconstruction of the TPP. Co-financing of the Armenian side will make
$25m. To recap, by the program of reconstruction of Yerevan TPP it’s
envisaged to build a super-modern steam-gas energy bloc working by a
combined cycle and with natural gas. The basic capacity of the energy
bloc will reach 230 mWt. The presence of the bloc will permit to spend
only 158-226 grams of gas for production of electricity of 1 kWt/h
instead of the current 372 grams. So, only on the part of fuel Armenia
will economize $19.4m a year.