GIERET ITALIAN COMPANY INTENDS TO INVEST ABOUT $120 MLN IN CONSTRUCTION WIND POWER PLANTS IN ARMENIA

Yerevan, February 6. ArmInfo. The Gieret Italian Company intends to
invest about $120 mln in the construction of wind power plants in
Armenia, RA Energy Minister, Armen Movsisyan, said in the Parliament.

According to him, with the implementation of this project, the energy
complex of Armenia will receive additionally 90 MW of capacities,
that will allow to somewhat strengthen the country’s energy security.