Friday, October 20 2017 20:09
Alexandr Avanesov

Ashot Manukyan: Armenian government tends to refrain from building large reservoirs in the country

Ashot Manukyan: Armenian government tends to refrain from building large reservoirs in the country

ArmInfo. The Armenian government tends to abandon the construction of large reservoirs in favor of erecting water basins with less water. Minister of Energy Infrastructures and Natural Resources of Armenia Ashot Manukyan stated this at a press conference in Yerevan on October 20.

According to him, the construction of reservoirs with a smaller volume of water will increase the efficiency of water resources management in the country. The minister recalled that last year the construction of the Vedi reservoir with a total capacity of 29 million cubic meters water was started, with the KfW bank negotiations on attracting credit resources for the implementation of the program to improve the efficiency of the Akhuryan river basin are being completed, which involves the construction of the Kaps reservoir with a total volume of 25 million cubic meters and the strengthening of the dam on the Arpa River. Earlier, the construction of the Yeghvard water reservoir with a capacity of 90 million cubic meters was also planned, but the government decided to refrain from implementing the project for the same reason, refusing to build large reservoirs. This, according to the minister, will provide an opportunity to rationally use the terrain, which will lead to economic efficiency. In particular, small reservoirs will allow creating local water distribution networks.  Today, the issue of reducing the capacity of the Kaps reservoir is being considered instead of 25 million to 15 million cubic meters of water.

In March 2017, the construction of the Vedi reservoir started, which will be completed by mid-2020.  Initially, the total capacity of the reservoir was planned at 29 million cubic meters and a water surface of 120 hectares, but as a result of the work the republic will receive a reservoir with a water volume of 2.5 million cubic meters more. The sources of water will be the rivers of the Ararat region - Vedi and Khosrov.  The implementation of the project will also be of great importance in restoring the balance of the ecosystem of Lake Sevan. As a result of the construction of the Vedi reservoir, the mechanical irrigation of 2,900 hectares of land irrigated by water companies Vedi and Ararat will be replaced by a gravity system, which will save about 19 million kW/h of electricity, and the area of irrigated land will increase by 300 hectares.  As a result of reconstruction of the irrigation network and modernization of the system, water losses, as well as operating and protection costs, will be reduced. Currently, system losses are estimated at 40-50%.  Upon completion of the program, these losses will be reduced to 15-20%. As a result, the water intake from Lake Sevan for irrigation will drop to 18 million cubic meters and the fence from the water channel Artashat - on more than 11 million cubic meters. In the process of implementing the program, as noted by Harutyunyan, 150 new jobs will be created. The program for the construction of the Vedi Reservoir, which will soon provide reliable irrigation of 7,500 hectares of land in the Ararat Valley, will cost about 90 million EUR. 75 million EUR - the loan of the French Development Agency, 15 million EUR - parallel financing from the state budget of Armenia. In addition to the implementation of this project, in 2017 it is planned to complete the design work for the restoration and completion of the construction of the Kaps Reservoir on the Akhuryan River bordering Turkey. Already in early 2018, a tender for the construction of a reservoir will be announced. For this purpose, the credit resources of the German KfW bank will be sent in the amount of 50 million EUR, provided for a period of 15 years, the grace period of which is five years.  As a result of the construction of the Kaps reservoir, which was suspended in 1994, it is planned to provide an additional 5,000 hectares of irrigation. The work, according to different estimates, will last about 5 years. To date, there are about 90 different reservoirs in Armenia and in the next five years, judging by the government's plans, significant progress is being made in this area. It is planned to implement two more programs for the construction of the Yeghvard and Mastara reservoirs. Funding is mainly provided from credit resources from international donors such as the Japan International Cooperation Agency (JICA), the Eurasian Development Bank, the French Development Agency, the German KFW bank, etc. The total cost of the program, including the construction and rehabilitation of all four reservoirs, is $ 350- 400 million

POST A COMMENT
Input digits     


News
Oil prices are risingOil prices are rising
Florida is building a highway that will charge electric vehicles on the moveFlorida is building a highway that will charge electric vehicles on the move
USD transactions more active than RUB ones in Armenia`s interbank  curency market Jan 5 to 9, 2026USD transactions more active than RUB ones in Armenia`s interbank  curency market Jan 5 to 9, 2026
The Central Bank of Armenia has introduced ASDA standardsThe Central Bank of Armenia has introduced ASDA standards
RA Ministry of Education and Science to assist training of personnel  for light industryRA Ministry of Education and Science to assist training of personnel  for light industry
Armenia`s minister of labor on measures to stimulate employment Armenia`s minister of labor on measures to stimulate employment 
Goldman Sachs reiterates its 2026 forecast of $4,900 per ounceGoldman Sachs reiterates its 2026 forecast of $4,900 per ounce
 Former ENA Director General questions PSRC financial forecasts for  ANPP Former ENA Director General questions PSRC financial forecasts for  ANPP
RA SRC  releases  list of electric vehicles eligible for duty  reimbursementRA SRC  releases  list of electric vehicles eligible for duty  reimbursement
57% of eligible citizens now using cashback system - Minister of  Labor and Social Affairs57% of eligible citizens now using cashback system - Minister of  Labor and Social Affairs
Central Bank of Armenia: ISDA trademark protection extended to   Republic of ArmeniaCentral Bank of Armenia: ISDA trademark protection extended to   Republic of Armenia
Armenia extends VAT exemption for imported electric vehicles for  another yearArmenia extends VAT exemption for imported electric vehicles for  another year
New shipment of Russian grain reaches Armenia via Azerbaijan -  PapoyanNew shipment of Russian grain reaches Armenia via Azerbaijan -  Papoyan
Political Scientist: Yerevan sacrificing  economic interests for   western loyalty Political Scientist: Yerevan sacrificing  economic interests for   western loyalty 
December 2025 Securities Market Data at the Armenia Stock ExchangeDecember 2025 Securities Market Data at the Armenia Stock Exchange
Strategic competition is growing between the US and ChinaStrategic competition is growing between the US and China
More tourists in Armenia last year as compared with 2024 More tourists in Armenia last year as compared with 2024 
Telegram suffered a $500 million bond freeze in Russia due to Western sanctionsTelegram suffered a $500 million bond freeze in Russia due to Western sanctions
Copper Prices to Continue Rising in 2026Copper Prices to Continue Rising in 2026
Trump is developing a large-scale plan to control Venezuelan oilTrump is developing a large-scale plan to control Venezuelan oil
Analysts predict a growth trend for the Chinese stock market in 2026Analysts predict a growth trend for the Chinese stock market in 2026
RBC: Jim Rogers sold all his US shares and invested in UzbekistanRBC: Jim Rogers sold all his US shares and invested in Uzbekistan
Even AMD 20,000-rise in pensions would not resolve pensioners`  problems - premier Even AMD 20,000-rise in pensions would not resolve pensioners`  problems - premier 
Armenia and Azerbaijan exploring mutual trade opportunitiesArmenia and Azerbaijan exploring mutual trade opportunities
216,000 less Russians visit Armenia in 2025216,000 less Russians visit Armenia in 2025
Armenia to spend about $169mln on tourism development until 2030Armenia to spend about $169mln on tourism development until 2030
One more consignment of Azerbaijani petrol to arrive in Armenia soon  - minister One more consignment of Azerbaijani petrol to arrive in Armenia soon  - minister 
Share of goods declarations issued under `Green Corridor` procedure  increased by 16.6 percentage pointsShare of goods declarations issued under `Green Corridor` procedure  increased by 16.6 percentage points
Government return to 636 citizens funds paid in customs duties for  import of electric vehicles - minister Government return to 636 citizens funds paid in customs duties for  import of electric vehicles - minister 
Armenia`s Cabinet approves Doctrine of Economic and Institutional  Transformation of ArmeniaArmenia`s Cabinet approves Doctrine of Economic and Institutional  Transformation of Armenia
Armenia collected approximately AMD 5bln in taxes in 2025Armenia collected approximately AMD 5bln in taxes in 2025
Cashback for pensioners and beneficiaries may increase from 20% to  22%Cashback for pensioners and beneficiaries may increase from 20% to  22%
Electronic employment contracts take effect from Jan 1, 2026Electronic employment contracts take effect from Jan 1, 2026
AraratBank Donates AMD 8 million to the Reconstruction of the Spandaryan CanalAraratBank Donates AMD 8 million to the Reconstruction of the Spandaryan Canal
Growth of economic activity in Armenia is due to unstable factors -  Luys Foundation Growth of economic activity in Armenia is due to unstable factors -  Luys Foundation 
New Education Platforms through Cooperation between AraratBank and Aren Mehrabyan FoundationNew Education Platforms through Cooperation between AraratBank and Aren Mehrabyan Foundation
RA CB forecasts GDP growth of 6.3-4.1% in 2026RA CB forecasts GDP growth of 6.3-4.1% in 2026
RA State Revcnue Committee is supporting businesses in properly  organizing their operation - premier RA State Revcnue Committee is supporting businesses in properly  organizing their operation - premier 
Armenian economy minister on country`s export and import plans with  Azerbaijan Armenian economy minister on country`s export and import plans with  Azerbaijan 
2% cashback for all ArCa cardholders not to apply to cashless  purchases from foreign businesses, says Deputy Finance Minister2% cashback for all ArCa cardholders not to apply to cashless  purchases from foreign businesses, says Deputy Finance Minister
Armenia has for many years been importing oil products from Turkiye -  expert Armenia has for many years been importing oil products from Turkiye -  expert 
RA health minister ready for joint programs with EAEU partners RA health minister ready for joint programs with EAEU partners 
 Roundtable discussion `Kazakhstan-Armenia: Dialogue in Tourism` held  in Yerevan Roundtable discussion `Kazakhstan-Armenia: Dialogue in Tourism` held  in Yerevan
Armenia hopes for Russia to restore railway connection with  Nakhchivan, Azerbaijan and Turkiye as soon as possibleArmenia hopes for Russia to restore railway connection with  Nakhchivan, Azerbaijan and Turkiye as soon as possible
Government ready to assist business contacts between Armenia,  Azerbaijan - Armenian premierGovernment ready to assist business contacts between Armenia,  Azerbaijan - Armenian premier
Armenian premier on forecast of GDP growth in 2026Armenian premier on forecast of GDP growth in 2026
Index of prices for industrial prices 103.6% in Armenia in Jan-Nov  2025Index of prices for industrial prices 103.6% in Armenia in Jan-Nov  2025
Armenian government approves measures and procedures for cashback on  non-cash transactions using ArCa NPS cardsArmenian government approves measures and procedures for cashback on  non-cash transactions using ArCa NPS cards
AraratBank Receives Visa Trusted Partnership Award 2025AraratBank Receives Visa Trusted Partnership Award 2025
Exponential growth in economic activity in Armenia on New Year eve Exponential growth in economic activity in Armenia on New Year eve 
Armenia to have Kap reservoir and new village - premier Armenia to have Kap reservoir and new village - premier 
RA Ministry of High-Tech Industry to expand cooperation with  Eleveight AI company RA Ministry of High-Tech Industry to expand cooperation with  Eleveight AI company 
Armenian government extends ban on export of some agricultural  products Armenian government extends ban on export of some agricultural  products 
Ban on export of whitefish caviar to be extended for six months Ban on export of whitefish caviar to be extended for six months 
Armenia and Israel discuss prospects for expanding economic  cooperationArmenia and Israel discuss prospects for expanding economic  cooperation
2% cashback to be refunded to ArCa local cards in Armenia from 20262% cashback to be refunded to ArCa local cards in Armenia from 2026
IDBank Employees’ New Year Gifts for “Hayordi” Foundation beneficiary childrenIDBank Employees’ New Year Gifts for “Hayordi” Foundation beneficiary children
Armenian, German taxation systems discussed at RA State Revenue  CommitteeArmenian, German taxation systems discussed at RA State Revenue  Committee
Armenian economy minister comments on Azerbaijani petrol price in  Armenia Armenian economy minister comments on Azerbaijani petrol price in  Armenia 
RA Ministry of Territorial Administration and Infrastructure seeking  candidate for position of acting general director of Construction of  a New Nuclear Power Plant company RA Ministry of Territorial Administration and Infrastructure seeking  candidate for position of acting general director of Construction of  a New Nuclear Power Plant company 
Read more
Exchange rates
09.01.2026
RUB4.810.07
USD381.21-0.18
EUR443.92-1.51
GBP511.13-1.73
CAD274.84-0.11
JPY24.18-0.16
CNY54.60-0.02
CHF479.63-1.96