STOCK SALE TO FUND NEW HYDROELCTRIC STATIONS IN KARABAKH
Anahit Danielyan

2009/ 06/10 | 16:10

Nagorno Karabakh

"Artsakh HydroElectric" Executive Director Vahram Beglaryan informs
Hetq that the first stage of the sale of stock shares in the company
has raised 905.2 million drams in capital.

862,074 stock shares were sold in all to a total of 1,111 foreign
and local investors. Mr. Beglaryan said that most of the investors
were from Karabakh proper.

The new funds will be used to construct three mini hydro-electric
stations on the Tatar River and its tributary the Trghe.