Friday, February 2 2018 11:23
Alexandr Avanesov

Minister: Projects financed in Armenia on ADB loan funds are successfully implemented

Minister: Projects financed in Armenia on ADB loan funds are successfully implemented

ArmInfo. The projects for the modernization of the Agarak-2 and Shinoir electric substations, as well as the automatic electricity metering system (SCADA), financed by the Asian Development Bank loans, are being successfully implemented.

This was the day before, when the ADB delegation led by the head of the mission, ADB's leading energy specialist Tianhua Luo, stated the Minister of Energy Infrastructures and Natural Resources of the Republic of Armenia Ashot Manukyan.

Presenting the programs implemented in the sphere, the minister pointed to the important role of ADB in enhancing the effectiveness of the "High Voltage Networks", the technical reconstruction of the networks, especially considering that the construction of the Armenia-Georgia and Iran-Armenia power lines will make it possible to turn Armenia into a transit country between Georgia, Iran , as well as Russia. In addition to these programs, ADB also provides financial assistance to "Electric Networks of Armenia" in modernizing its infrastructure. "In 10 years we will get modernized and corresponding to international standards electric networks," Ashot Manukyan said.

During the meeting, the sides discussed other projects financed by ADB, as well as opportunities for further cooperation. The interlocutors confirmed their intentions to continue and deepen bilateral cooperation.  In turn, Tianhua Luo assured the Armenian Minister of the intention of ADB to continue to assist Armenia in the implementation economic and energy programs. He noted that the Bank is interested in the presented programs and is ready to consider the possibilities of its participation in them.

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Government Bonds

 

ISIN AMGB1029A250
Auction ID AMGB1029A250A
Date 12.05.2017
Issue date 29.10.2015
Issue volume (AMD) 50 000 000 000
Maturity date 29.10.2025
Coupon year yield 11.00%
Auction volume (AMD) 1000 000 000 - 2.000 000 000
Auction date 12.05.2017
DLS
Total amount (AMD) 1 000 000 000
Amount of the total bids (AMD) 787 200 000
Amount of the total accepted bids (AMD) 787 200 000
Cut of yield (%) 10,6447
Weighted avrage yield (%) 10,6447
Auction max  yield (%) 10,6447
Auction min  yield (%) 10,6447
Number of participants 5
ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000

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