Wednesday, February 1 2017 13:41
Alexandr Avanesov

Names of bidders participating to international tender procedure on high voltage plants construction for Armenia-Georgia High Voltage Line to be announced in early February

Names of bidders  participating to international tender procedure on  high voltage  plants construction for Armenia-Georgia High Voltage  Line to be announced in  early  February

ArmInfo. In the first  decade of February names of  bidders participating to the  international tender procedure on high voltage  plants construction  for Armenia-Georgia High Voltage Linewill  announced. The project is  implemented under the funds of KfW German Bank.

 According to Hayk  Haroutyunyan, the Head of  the Energy Infrastructure and Natural  Resources Ministry Department of Development and Investments  Projects, stated by  the press office of the Ministry, the deadline  for bids submission in respect to the tendering procedure on power  subplants construction is set as February 6, and  on high voltage  lines - as February 8. As it is known,  the project implementation  purpose is the unification of electric networks of Armenia and  Georgia by  building  power lines and power substation in Ajrum. The  unification should  connect the substation in Georgian town of  Marneuli, having 50 kVt capacity. In the result in 2019 the volumes  of mutual flows of power energy will increase from actual 200 mWt to  350 mWt. In respect to implementation of the first stage of the  project an amount of EUR 188 mln will be allocated. The project will  continue also at the second stage, and the mutual flows volumes will  be increased up oto 700 mWt, and the third - final-stage assumes the  increase up to 1050 mWt. This construction will give an option to  involve in this power corridor Armenia, Russia, Georgia and Iran. 

 To remind, Georgia plans  to build a 500KV Power Line Marneuli  (Georgia) - Ayrum (Armenia) by 2018 as part of the trans-boundary  infrastructure development plans, 

 Business Georgia writes referring to the Georgian Energy Ministry's  strategy for 2016-2025.  In addition to it, Georgian plans to build a  500KV Power Line Ksani-Stepantsminda-Mozdok within 5 years, and a  400KV Power Line Akhaltsikha (Georgia) - Tortum (Turkey) by 2019.  Under its energy strategy, Georgia plans to double its  interconnecting mains with the power system of its neighbor-countries  within 10 years.  In particular, the interconnecting mains will be  increased to 700MW, with Russia and Turkey - to 1,400MW, with  Azerbaijan it already has power transmission capacities of up to  1,000MW.  Under the energy strategy of Georgia, interconnection lines  in the territory of Georgia will be developed in the direction from  the North to the South (Russia-Armenia-Iran and back) and from the  East to the West (from Azerbaijan to Turkey). Georgia imported  86.5mln kWh electric power from Armenia in 2015 (a 41.2-fold growth),  and exported 70.9mln kWh electric power to Armenia (down 49.5%). 

In the meantime, it should be recalled that Fichtner GmbH & Co.  KG,  the Armenia-Georgian Power Line project consultant, will prepare a  tender package to choose the general contractor of Armenia-Georgia  power transmission line project by the end of 2016, Deputy Energy  Minister of Armenia Areg Galstyan told ArmInfo yet in April. 

 According to him, it is planned to implement the project in three  phases, the sources of financing of the first two phases are already  known.  The first two phases are estimated at 188.2mln EUR. To that  end, three credit agreements were signed in 2014- 2015. In  particular, German KfW Bank issued a 168mln EUR loan for the given   purpose, European Investment Bank issued a 10mln EUR loan, and the  European Commission is expected to provide a 10mln EUR grant.  The  first two phases will be implemented simultaneously starting in 2017  and completing by the end of 2018.

POST A COMMENT
Input digits     


News
Armenia`s trade sector generated $12.1 billion in revenue in the  first nine monthsArmenia`s trade sector generated $12.1 billion in revenue in the  first nine months
Kazakhstan`s national grain operator ready to supply Armenian  consumers with approximately 15,000- 20,000 tons of food grain  monthlyKazakhstan`s national grain operator ready to supply Armenian  consumers with approximately 15,000- 20,000 tons of food grain  monthly
Armenia`s telecommunications revenue growth slowingArmenia`s telecommunications revenue growth slowing
Armenia`s metallurgy sector decreased by 10% in the first nine monthsArmenia`s metallurgy sector decreased by 10% in the first nine months
Cargo transportation in Armenia increased by 1.6% over the first nine  months, while passenger transportation decreased by 2.4%Cargo transportation in Armenia increased by 1.6% over the first nine  months, while passenger transportation decreased by 2.4%
Power generation in Armenia increased by 8.2% in the first nine  monthsPower generation in Armenia increased by 8.2% in the first nine  months
Wine production dropped by 36% and  cognac by 34.4% in the first nine  months Wine production dropped by 36% and  cognac by 34.4% in the first nine  months 
5,312,038 AMD for “Symphonic Forest”: the November beneficiary is AI4Biodiversity: AI Solutions for Nature, a national hackathon5,312,038 AMD for “Symphonic Forest”: the November beneficiary is AI4Biodiversity: AI Solutions for Nature, a national hackathon
Expert on small nuclear power plants: The hardest thing of all is to  find a cat in a dark room, especially if there is no catExpert on small nuclear power plants: The hardest thing of all is to  find a cat in a dark room, especially if there is no cat
PSRC planning to revoke Electric Networks of Armenia CJSC`s operating  licensePSRC planning to revoke Electric Networks of Armenia CJSC`s operating  license
Armenian minister of economy takes part in 124th meeting of UNWTO  Executive CouncilArmenian minister of economy takes part in 124th meeting of UNWTO  Executive Council
Armenia, Iran discuss prospects for cooperation in tourism sectorArmenia, Iran discuss prospects for cooperation in tourism sector
Armenia`s first satellite, Armsat-1,  entered controlled deorbit  phaseArmenia`s first satellite, Armsat-1,  entered controlled deorbit  phase
Pashinyan: Investments in Armenia`s military-industrial complex  amounted to approximately $450 million over past two yearsPashinyan: Investments in Armenia`s military-industrial complex  amounted to approximately $450 million over past two years
Armenia`s industrial sector declined by 5.7% in January-September  2025Armenia`s industrial sector declined by 5.7% in January-September  2025
TEAM`s 5G network  available in Gyumri and VanadzorTEAM`s 5G network  available in Gyumri and Vanadzor
Economy Minister discussed rebranding of Armenian brandy with  producersEconomy Minister discussed rebranding of Armenian brandy with  producers
Dollar, ruble transactions   decreased in Armenia`s  interbank  foreign exchange market from November 3- 7, 2025Dollar, ruble transactions   decreased in Armenia`s  interbank  foreign exchange market from November 3- 7, 2025
Fly Cham to launch Aleppo-Yerevan flightsFly Cham to launch Aleppo-Yerevan flights
FLYONE ARMENIA to launch new Yerevan-Batumi - Yerevan flight next  yearFLYONE ARMENIA to launch new Yerevan-Batumi - Yerevan flight next  year
Armenia among top 10 popular destinations for Russian tourists,  according to results of  first nine months of 2025Armenia among top 10 popular destinations for Russian tourists,  according to results of  first nine months of 2025
Armenia, India discuss possible cooperation in defense industry Armenia, India discuss possible cooperation in defense industry 
Armenian MP proposes rising duty on metal fitting Armenian MP proposes rising duty on metal fitting 
New route through Azerbaijan to strengthen sustainability of supplies  of Russian agricultural products to regoinal countriesNew route through Azerbaijan to strengthen sustainability of supplies  of Russian agricultural products to regoinal countries
AraratBank Honoured with STP Award by Commerzbank AGAraratBank Honoured with STP Award by Commerzbank AG
AI to change economy, public and everyday life beyond recognition in  coming years - Hakob Arshakyan AI to change economy, public and everyday life beyond recognition in  coming years - Hakob Arshakyan 
RA SRC: List of products subject to identification marking to be  expanded from January 1, 2026RA SRC: List of products subject to identification marking to be  expanded from January 1, 2026
ARMSWISSBANK: A strategic financial bridge between Armenia and international marketsARMSWISSBANK: A strategic financial bridge between Armenia and international markets
Germany to support Armenia with 152  million euros in strategic  cooperation areas  until 2027 - German EmbassyGermany to support Armenia with 152  million euros in strategic  cooperation areas  until 2027 - German Embassy
By the end of October, actual tax collections in Armenia exceeded   annual target by 13.7%By the end of October, actual tax collections in Armenia exceeded   annual target by 13.7%
Compelling Business Loan Offer from AraratBank: JOIN USCompelling Business Loan Offer from AraratBank: JOIN US
Economist: It`s too early to assess economic benefits of new freight  routes passing through ArmeniaEconomist: It`s too early to assess economic benefits of new freight  routes passing through Armenia
82% of tax revenues and state duties planned for 2025  already   secured- RA SRC Chairman82% of tax revenues and state duties planned for 2025  already   secured- RA SRC Chairman
I hope we don`t jinx it: Pashinyan commends Iranian company for  I hope we don`t jinx it: Pashinyan commends Iranian company for  "unprecedented construction speeds"
Grain delivery to Armenia dynamic - premier Grain delivery to Armenia dynamic - premier 
Armenian pensioners to get cashless pensions Armenian pensioners to get cashless pensions 
RA MOD to get $11mln more RA MOD to get $11mln more 
Health Programs Implementation Office to be responsible for  implementing Universal Health Coverage Loan ProgramHealth Programs Implementation Office to be responsible for  implementing Universal Health Coverage Loan Program
Further cargo transportation from Russia, Kazakhstan to Armenia via  Azerbaijan - Azerbaijani railways Further cargo transportation from Russia, Kazakhstan to Armenia via  Azerbaijan - Azerbaijani railways 
Direct rail service between Russia and Armenia through Azerbaijan and  Georgia tangible contribution to peace in the South Caucasus - Alexei  Overchuk Direct rail service between Russia and Armenia through Azerbaijan and  Georgia tangible contribution to peace in the South Caucasus - Alexei  Overchuk 
First grain consignment from Russia to Armenia via Azerbaijan First grain consignment from Russia to Armenia via Azerbaijan 
The interview of Mher Abrahamyan, Chairman of the Board of IDBank, to Khaleej TimesThe interview of Mher Abrahamyan, Chairman of the Board of IDBank, to Khaleej Times
Armenian manufacturers participating  in  Occupational Safety and  Health A+A 2025 trade fair  in DusseldorfArmenian manufacturers participating  in  Occupational Safety and  Health A+A 2025 trade fair  in Dusseldorf
In Armenia, annual inflation accelerated from 0.6% to 3.7%  in  October, driven by rising prices for food products, services in  transportation, tourism sector,  and beauty salonsIn Armenia, annual inflation accelerated from 0.6% to 3.7%  in  October, driven by rising prices for food products, services in  transportation, tourism sector,  and beauty salons
Central Bank Chairman: Macrostability becoming Armenia`s hallmark Central Bank Chairman: Macrostability becoming Armenia`s hallmark 
AraratBank – Title Sponsor of Urartu Football ClubAraratBank – Title Sponsor of Urartu Football Club
SCR, Armenian Tourism Federation sign Memorandum of CollaborationSCR, Armenian Tourism Federation sign Memorandum of Collaboration
SCR Director: Rail route through Azerbaijan to be in demandSCR Director: Rail route through Azerbaijan to be in demand
Economic growth down in Jan-Sept 2025 Economic growth down in Jan-Sept 2025 
RA Anticorruption Committee to get more money in 2026RA Anticorruption Committee to get more money in 2026
Amendments to Law on Ensuring Uniformity of Measurements in Armenia  aimed at enhancing accuracy of product informationAmendments to Law on Ensuring Uniformity of Measurements in Armenia  aimed at enhancing accuracy of product information
Armenian authorities` task is keeping freight vehicles at country`s  land bordersArmenian authorities` task is keeping freight vehicles at country`s  land borders
Ameriabank’s Corporate Loan Portfolio Surpasses AMD 1 TrillionAmeriabank’s Corporate Loan Portfolio Surpasses AMD 1 Trillion
New mechanisms to take effect on Armenia`s real estate market New mechanisms to take effect on Armenia`s real estate market 
RA Investigative Committee to get to get AMD 219.6mln more next year RA Investigative Committee to get to get AMD 219.6mln more next year 
Russian wheat beting transported to Armenia via Azerbaijan - minister Russian wheat beting transported to Armenia via Azerbaijan - minister 
In 2026, total funding for Ministry of Environment`s activities to be  15.4 billion dramsIn 2026, total funding for Ministry of Environment`s activities to be  15.4 billion drams
Martin Galstyan: Armenia is in a good position in terms of high  economic growth and low inflationMartin Galstyan: Armenia is in a good position in terms of high  economic growth and low inflation
39.4 bln drams to be allocated for agricultural programs in Armenia  in 2026 - Minister39.4 bln drams to be allocated for agricultural programs in Armenia  in 2026 - Minister
Opportunities and Prospects for Cooperation Between Business and the Banking System in Syunik Region – IDBankOpportunities and Prospects for Cooperation Between Business and the Banking System in Syunik Region – IDBank
Read more
Exchange rates
10.11.2025
RUB4.72-0.01
USD382.610.07
EUR442.370.54
GBP503.512.11
CAD272.921.86
JPY24.82-0.13
CNY53.740.02
CHF474.640.73