RENEWABLE ENERGY SECTOR IN ARMENIA NEEDS NEARLY $160 MILLION INVESTMENTS

ArmInfo
2009-11-04 16:35:00

ArmInfo. Renewable energy sector in Armenia needs nearly $160
million investments, says Karen Martirosyan, Ameria Deputy Director
for Consulting Services. This amount will ensure operation of 40-50
small HPPs. Ameria Company has studied the feasibility study of these
plants. He says a foreign company, Ameria’s client, will invest in
several small hydro power plants.

Ameria is a group of professional services companies registered in
Armenia with the objective to provide a comprehensive package of
professional advisory and assurance services. Ameria specializes
in four major areas of professional activities: management advisory
services; assurance and advisory services; legal advisory services;
investment banking. Established in 1998, the company has become
a leader in the Armenian market of advisory services bringing an
international reach and local touch to complex issues rising in more
than 30 industry sectors.

From: Emil Lazarian | Ararat NewsPress