CZECHS BET ON ARMENIAN HYDROPOWER RESOURCES
ADP News Renewable Energy Track
May 10, 2010 Monday 3:49 PM EEST
Being attracted by rich hydropower resources in Armenia, Czech
entrepreneurs are on track to invest in construction of hydropower
plants (HPPs) in the country, prime minister Tigran Sarkisian said
yesterday.
Commenting on a last week visit to Prague and talks with Czech prime
minister Jan Fischer, Sarkisian said that some Armenian companies
are already cooperating with Czech companies on a building and
reconstructing small-scale HPPs.
Last year, Armenian HPPs produced about 2 billion kWh of electricity,
almost one third of overall 5.8 billion KWh generated in 2009.
According to experts, at present only one third of the country’s
hydropower resources are being used.