Armenia has chances to become part of Global Energy Association

ArmInfo.Armenia has chances  to become a part of the Global Energy Association. Rosseti, the  French EDF and the State Energy Company (SEC) of China are  considering the possibility of integrating energy ties by uniting  Europe and Asia through the Russian energy system. The press office  of Rosseti reports this.

According to the Russian company, the  project participants will be able to enter a fundamentally new level  of integration of electrical ties, uniting Europe and Asia through  the Russian energy system. "Analytical work is currently underway to  study the relations with Finland, Georgia, Armenia, Iran, Mongolia,  Japan," the company said.

To note, the companies have worked out this project for a long time.  In Rosseti believe that energy ties will be very beneficial for all  participants. As well as the prospects for the development of the  Global Energy Association and the creation of the economic belt of  the Silk Road.

Within the framework of the project, the construction of the  North-South energy corridor is underway in Armenia, designed to unite  the electric power systems of Armenia, Iran, Georgia and Russia. From  the Russian side in the project the company "Rosseti" participates.  As previously informed ArmInfo, the consultant of the construction  project of the electricity transmission line Armenia-Georgia - the  company "Fichtner GmbH & Co. KG" has prepared a tender package for  the selection of the general contractor. The project itself is  planned to be implemented in three phases. Sources of funding for the  first two phases are already known. Within the first two stages, it  is planned to build the power transmission line itself with a voltage  of 400 kilovolts and two DC substations in Ddmashen and Ayrum, which  will allow starting work with the electric power system of Georgia in  asynchronous mode. Prior to this, the impact of the project on the  environment and social impacts was assessed. This work is planned to  be completed before the end of 2017, after which construction work  will begin. Within the framework of the project it is planned to  unite the electric power systems of Armenia and Georgia, which will  promote the development of mutually beneficial regional cooperation  within the framework of the created energy corridor  Iran-Armenia-Georgia- Russia. The preliminary cost of the program,  according to the company FICHTNER will be 326.9 million EUR, 10% of  which is part of the contribution of Georgia. The project is planned  to be implemented in several stages. At the first stage, it is  planned to build a conversion substation in Ayrum and a 500 kilovolt  air line 8 km long towards Georgia. The second stage involves the  construction of a 400-kilovolt electrical substation with a single  transformer near the village of Ddmashen and a 400-kilovolt air-line,  which will make it possible to exchange 350 megawatts of electricity.  Then a module will be installed in Ayrum, and a second transformer  will be installed in Ddmashen to support a 700 megawatt capacity.  Based on the requirements of market and regional cooperation, at the  final stage, the third stage will be installed the second DC module,  which will make it possible to increase capacity to 1050 megawatts.  The first two stages of the program are estimated at 188.2 million  EUR. Sources of the necessary funds for their financing have already  been determined. To this end, in 2014-2015, three loan agreements  were signed. In particular, 168 million EUR were allocated by the  German bank KfW as a loan, the European Investment Bank provided  another 10 million EUR. It is expected to receive another 10 million  EUR in the form of a grant from the European Commission. The first  two stages of the program are envisaged to be implemented in parallel  mode. The works are carried out in accordance with the established  schedule, according to which construction works will begin in late  2017 and will be completed by the end of 2019.