PSRC GRANTS LICENSE TO ZH AND K GES LTD FOR CONSTRUCTION OF SMALL HYDROPOWER PLANT SYUNIK

ARKA
February 17, 2010
Yerevan

YEREVAN, February 17, /ARKA/. Armenia’s Public Services Regulatory
Commission (PSRC) has granted a license to Zh and K GES Ltd for
construction of a small hydropower plant Angeghakot in the southern
Syunik province.

Hmayak Amiraghyan, head of a PSRC department in charge of legal and
licensing issues, said the declared capacity of the power plant is
150 KWh. He said the license is granted until 2011 December 30.

According to official figures, on October 1 2009 there were 76 small
operating hydropower plants in Armenia with the aggregate capacity of
97 megawatt; they generated 337 million KWH a year. Other sixty-eight
small power plants with the total capacity of 157 megawatt and 552
million KWh were under construction. The bulk of small hydropower
plants are in Syunik and Lori provinces. ($1 – 375.83 Drams).