SERZH SARGSYAN FAMILIARIZES HIMSELF WITH CONSTRUCTION WORK AT YEREVAN TPP

NOYAN TAPAN
SEPTEMBER 28, 2009
YEREVAN

YEREVAN, SEPTEMBER 28, NOYAN TAPAN. Construction work at Yerevan
Thermal Power Plant (TPP) has entered a final stage, with the units
being put into operation one after another. The energy security
of Armenia will increase with this 271-megawatt power station’s
launching scheduled for 30 April 2010. Armenian President Serzh
Sargsyan familiarized himself with construction work on September 26.

Director General of Yerevan TPP Hovakim Hovhannisian said work is being
done in accordance with the contract operations agreement signed with
the Japan Bank for International Cooperation which envisages financing
of 24 billion yens. The global economic crisis has not affected the
process of financing and construction. The general contractor of
construction is South Korean GS Enginering and Construction company.

It was mentioned that equipment of Alstom and Fuji companies has been
installed at the thermal power plant. Fuel consumption at the plant
will be two times less than at any power plant in the territory of
the former USSR.

"Under conditions of a sharp growth in natural gas prices, this
reduction is of great importance for the Armenian economy," the
director said.

RA Minister of Energy and Natural Resources Armen Movsisian told
reporters that putting the power plant into operation will enable
to solve problems related to domestic consumption and the export of
electric power. The plant will employ about a hundred people. In his
words, the number of jobs is conditioned by the current technical
opportunities: about 400 people would work at such a plant in the
Soviet time.

From: Emil Lazarian | Ararat NewsPress