GEOTHERMAL POWER PLANT TO BE BUILT IN ARMENIA

Noyan Tapan
Apr 11 2006

YEREVAN, APRIL 11, NOYAN TAPAN. Within the framework of the the
process of energy sources diversification and gaining independence
from imported power-bearing substances, on the instructions of the
World Bank, Ameria CJSC has made a comprehensive analysis of the
program on construction of Jermaghbyur geothermal power plant in
Syunik marz. According to the company, such factors as renewability
of sources, independence from imported power-bearing substances,
and the low impact on environment set this geothermal power plant
(which will be put into operation in 2008-2009) from all other means
of electricity generation. Based on 6 pits up to 2.5 km in depth, the
plant may have a capacity of up to 25 megawatt and allow to generate
up to 195 mln kwh of electricity annually. Similar plants with a
heat supply capacity of 12,000 megawatts and an overall electricity
production capacity of 8,000 megawatts are currently operating in more
than 30 countries. Geothermal energy accounts for 0.4% of the global
capacities. Ameria is a group of companies providing comprehensive
expert services. It is operating in 4 main spheres of expert services
– business and audit advice, accounting and tax advice, legal advice
and investment and banking advice.