Friday, March 30 2018 18:20
Alexandr Avanesov

Solar power plant Masrik-1 to build a consortium of Dutch and Spanish companies

Solar power plant Masrik-1 to build a consortium of Dutch and Spanish companies

ArmInfo. An international consortium consisting of world- renowned companies - the Netherlands Fotowatio Renewable Ventures B.V and the Spanish FSL Solar S.L, won the tender for the construction of a 55-MW Masrik-1 solar power plant in Armenia. This was reported by the press service of the Ministry of Energy Infrastructures and Natural Resources of the Republic of Armenia. According to the source, it was the consortium that proposed the lowest tariff from the future solar generation facility, which would be $ 0.0419 of electricity, excluding VAT or 20.11 drams per 1 kW/h of electricity. For comparison, the tariff for small hydropower facilities in Armenia is 23.8 AMD per 1 kWh of electricity. The results obtained from the tender show that solar energy in Armenia today is able to compete successfully with other generation facilities, contributing to the growth of the share in the country's overall electricity balance and improving the level of security and independence.

The solar power station Masrik-1 is planned to be built in the community of Mets Masrik of the Gegharkunik region entirely at the expense of foreign investments. There are all necessary conditions for the construction of the station at the selected site. Power will give an opportunity to annually produce 120 million kW / h of electricity. The expected volume of investments in this generation facility will be about $ 50 million. Earlier, on February 13, ArmInfo informed that within the next two months the results of the contest for the construction of Masrik-1 with a capacity of 55 MW will be summed up. As Deputy Minister of Energy Infrastructures and Natural Resources of Armenia Hayk Harutyunyan stated, the winner of the tender will be the company that offers the lowest tariff. Harutyunyan noted that there are no Armenian companies on this list, it is only about international companies that have the qualifications and experience of work. This is done in order to avoid the possible appearance of companies with a dubious reputation on the market.

Among the applicants are companies from South Korea, the United States, India, the countries of the European Union. The total amount of investments in this generation facility will be $ 65-70 million. The total cost of the program for the construction of solar power plants in Armenia is $ 129 million. A feasibility study has already been prepared for the construction of solar power plants. Within the framework of the program it is planned to build solar power stations with a capacity of up to 110 megawatts in various regions of Armenia. Of the 6 surveyed areas in two, the Spanish consulting company Aries Engineering has already submitted feasibility studies. They relate to the localities of "Masrik" in Gegharkunik region and "Dashtadem" in Aragatsotn region, studies on the remaining four localities continue.

POST A COMMENT
Input digits     


News
IMF ready to assist Armenia in ensuring an inclusive economic growth  modelIMF ready to assist Armenia in ensuring an inclusive economic growth  model
Analysts predict a further increase in agrocredit and lower interest  rates on themAnalysts predict a further increase in agrocredit and lower interest  rates on them
VTB Bank (Armenia) for 2018 pardoned fines / penalties for 4,600 bad  loans in the amount of up to 3 billion dramsVTB Bank (Armenia) for 2018 pardoned fines / penalties for 4,600 bad  loans in the amount of up to 3 billion drams
For the 2018th and 2019 years state control service under Prime  Minister of Armenia returned 827 million drams to state budget For the 2018th and 2019 years state control service under Prime  Minister of Armenia returned 827 million drams to state budget 
Head of Government - Corruption manifestations in the irrigation  system of ArmeniaHead of Government - Corruption manifestations in the irrigation  system of Armenia
Rules of gas engine fuel trading at gas filling stations to be  changed in ArmeniaRules of gas engine fuel trading at gas filling stations to be  changed in Armenia
According to Global Finance, Ameriabank is recognized as the Best  Investment Bank-2019 in ArmeniaAccording to Global Finance, Ameriabank is recognized as the Best  Investment Bank-2019 in Armenia
Nikol Pashinyan: Armenia has enormous potential for export of small  cattleNikol Pashinyan: Armenia has enormous potential for export of small  cattle
Head of SCPEC Receives IMF DelegationHead of SCPEC Receives IMF Delegation
In 2018, Armenian banks increased taxes to the state treasury by  21.2% - up to $ 100.5 millionIn 2018, Armenian banks increased taxes to the state treasury by  21.2% - up to $ 100.5 million
Rosgosstrakh Armenia Rosgosstrakh Armenia "retains leadership among insurance companies in  the list of major taxpayers in Armenia
MTS Armenia leads the list of largest taxpayers in Armenia among  telecom operatorsMTS Armenia leads the list of largest taxpayers in Armenia among  telecom operators
GRAND TOBACCO JV tops the list of the largest taxpayers in 2018GRAND TOBACCO JV tops the list of the largest taxpayers in 2018
Head of Central Bank of Armenia departed for Bruges to participate in   Head of Central Bank of Armenia departed for Bruges to participate in   "Challenges of the Digital Economy" international conference 
Tigran Avinyan: Inventory of credit programs is conducted in ArmeniaTigran Avinyan: Inventory of credit programs is conducted in Armenia
SRC: It is important to introduce a foreseeable and fair tax system  for taxpayers in ArmeniaSRC: It is important to introduce a foreseeable and fair tax system  for taxpayers in Armenia
Agricultural insurance system introduced in Armenia for the first  timeAgricultural insurance system introduced in Armenia for the first  time
Armenian Prosecutor General`s Office presented statistics for 2018:  The number of unauthorized abandonment of part or duty station  decreased significantlyArmenian Prosecutor General`s Office presented statistics for 2018:  The number of unauthorized abandonment of part or duty station  decreased significantly
The IMF mission expressed its willingness to provide technical  assistance to CGD in the effective modernization of tax  administration systemsThe IMF mission expressed its willingness to provide technical  assistance to CGD in the effective modernization of tax  administration systems
"Gazprom Armenia" CJSC continues negotiations on  the tariff margin
SRC of Armenia reports that process of providing cash registers of a  new generation at a price of 60 thousand drams is proceeding smoothlySRC of Armenia reports that process of providing cash registers of a  new generation at a price of 60 thousand drams is proceeding smoothly
Gegham Gevorgyan in Italy to take part in a meeting of IFAD Executive  Board Gegham Gevorgyan in Italy to take part in a meeting of IFAD Executive  Board 
Ameria  CJSC became GERA exclusive partner in ArmeniaAmeria  CJSC became GERA exclusive partner in Armenia
CBA: Structural dynamics of loans of Armenian banks indicates a  decrease in the level of dollarizationCBA: Structural dynamics of loans of Armenian banks indicates a  decrease in the level of dollarization
Residents of Alaverdi blocked the interstate Yerevan-Tbilisi railway:  they demand to provide themselves with jobsResidents of Alaverdi blocked the interstate Yerevan-Tbilisi railway:  they demand to provide themselves with jobs
Converse Bank’s surprises for the Valentine’s DayConverse Bank’s surprises for the Valentine’s Day
Nikol Pashinyan: Nikol Pashinyan: "economic brotherhood" policy in Armenia will be  eradicated
Pashinyan: The process of reducing the shadow economy and the  transfer of labor to the legal field continuesPashinyan: The process of reducing the shadow economy and the  transfer of labor to the legal field continues
Nikol Pashinyan: Armenia`s commercial banks must finance economic  revolutionNikol Pashinyan: Armenia`s commercial banks must finance economic  revolution
Nikol Pashinyan: Armenian government will not allow being deceivedNikol Pashinyan: Armenian government will not allow being deceived


Exchange rates
15.02.2019
RUB7.320.01
USD487.51-0.48
EUR550.110.05
GBP624.60-1.69
CAD367.02-1.00
JPY44.150.19
CNY72.090.06
CHF484.510.63


Experts
Expert: Recruitment market in Armenia from the point of view of  supply and demand is sleepingExpert: Recruitment market in Armenia from the point of view of  supply and demand is sleeping
Expert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limitedExpert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limited
Association of Organic Agriculture is being created in ArmeniaAssociation of Organic Agriculture is being created in Armenia
Pailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not changePailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not change
Rouben Indjikian: Everyone should follow the established unified and fair rules of the gameRouben Indjikian: Everyone should follow the established unified and fair rules of the game
Mher Arakelyan:  Armenia`s payment business has great prospectsMher Arakelyan:  Armenia`s payment business has great prospects
Rating-Agentur Expert RA GmbH and AmRating issued an industry report  on Armenia`s banking systemRating-Agentur Expert RA GmbH and AmRating issued an industry report on Armenia`s banking system
Igor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care ofIgor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care of
Ara Khzmalyan: Armenia is comfortable to Russian touristAra Khzmalyan: Armenia is comfortable to Russian tourist
The Armenian delegation to the US followed the advice of President TrumpThe Armenian delegation to the US followed the advice of President Trump
Outflow of population and passivity of the Diaspora pushes property prices downOutflow of population and passivity of the Diaspora pushes property prices down
Finombudsman: Amendments to the Civil Code on the imposition of fines and penalties will reduce the number of outstanding loans and  non-creditworthy consumersFinombudsman: Amendments to the Civil Code on the imposition of fines and penalties will reduce the number of outstanding loans and non-creditworthy consumers
Vahan Shakaryan: If we promote Armenia, the promotion of economic sectors will not be a run with obstacles, but a light run for short distancesVahan Shakaryan: If we promote Armenia, the promotion of economic sectors will not be a run with obstacles, but a light run for short distances
Gagik Aghajanyan: There is no need to look for alternatives - it is necessary to work and develop actual   directionsGagik Aghajanyan: There is no need to look for alternatives - it is necessary to work and develop actual   directions
Vitaly Nesis: Armenia is very promising from the geological point of viewVitaly Nesis: Armenia is very promising from the geological point of view
The market of OSAGO goes into virtual spaceThe market of OSAGO goes into virtual space
Ishkhan Mkhitaryan: ArCa and Mir complete the technological part of the project of interaction, business for banksIshkhan Mkhitaryan: ArCa and Mir complete the technological part of the project of interaction, business for banks
The second stage of implementation of the program for prolonging the lifetime of the power unit N2 of the Armenian NPP beginsThe second stage of implementation of the program for prolonging the lifetime of the power unit N2 of the Armenian NPP begins
Successful business is forging for years - to the jubilee of IC Successful business is forging for years - to the jubilee of IC "INGO Armenia"
Armen Shahnazaryan: The double increase in the insurance portfolio of EIAA ICJSC by the end of 2018 is quite feasibleArmen Shahnazaryan: The double increase in the insurance portfolio of EIAA ICJSC by the end of 2018 is quite feasible

Search by date

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

Commented
T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas 
Agreement on construction of a new unit with combined gas cycle  signed in YerevanAgreement on construction of a new unit with combined gas cycle  signed in Yerevan
Veolia Jur: Regulatory charges are false and unfoundedVeolia Jur: Regulatory charges are false and unfounded
Armenian Prime Minister: We are gaining momentum for economic takeoffArmenian Prime Minister: We are gaining momentum for economic takeoff
By the end of 2018, By the end of 2018, "Galburdjian Group" will launch the production of  sesame oil in Armenia
Expert: Armenia has a problem with effective use of water resources,  rather than small hydropower stationsExpert: Armenia has a problem with effective use of water resources,  rather than small hydropower stations
Investment forum Investment forum "Energy Week 2018" to be held in Armenia
Expert: It is necessary to start implementing the program for the  construction of a new nuclear unitExpert: It is necessary to start implementing the program for the  construction of a new nuclear unit
The updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of EnergyThe updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of Energy
Eurasian Development Bank wishes to expand its activities in ArmeniaEurasian Development Bank wishes to expand its activities in Armenia
$ 100 million to be invested in repatriation project Build Armenia$ 100 million to be invested in repatriation project Build Armenia
FRV: Armenia`s growing desire to increase renewable energy sources is  a decisive factorFRV: Armenia`s growing desire to increase renewable energy sources is a decisive factor
Suren Papikyan: It`s safe now to do business in Armenia, assures  Armenian MinisterSuren Papikyan: It`s safe now to do business in Armenia, assures  Armenian Minister
Armenian state debt started reducing up to $6.7 bln to June 1 2018Armenian state debt started reducing up to $6.7 bln to June 1 2018
Minister: Implementation of program on liberalization of the electric  power complex of Armenia will be completed within the next two yearsMinister: Implementation of program on liberalization of the electric  power complex of Armenia will be completed within the next two years
Nikol Pashinyan: In a number of cases after paying fines and  penalties the borrowers will be allowed to take new loan Nikol Pashinyan: In a number of cases after paying fines and  penalties the borrowers will be allowed to take new loan 
German bank KFW urges Armenia to build power line in the direction to  GeorgiaGerman bank KFW urges Armenia to build power line in the direction to  Georgia
Anna Chobanyan-one of most likely candidates for new Head of General  Department of Civil Aviation Anna Chobanyan-one of most likely candidates for new Head of General  Department of Civil Aviation 
IFAD confirms its readiness to develop and implement new joint programs with Armenia`s Agriculture MinistryIFAD confirms its readiness to develop and implement new joint programs with Armenia`s Agriculture Ministry
Rosselkhoznadzor asks not politicize the issue of deliveries of tomatoes from Armenia to RussiaRosselkhoznadzor asks not politicize the issue of deliveries of tomatoes from Armenia to Russia
Armenian nuclear power station has a resource for work for another 30  yearsArmenian nuclear power station has a resource for work for another 30 years
Premier: Construction of a new nuclear power plant in Armenia is one of the priorities of the new government of the countryPremier: Construction of a new nuclear power plant in Armenia is one of the priorities of the new government of the country
In Armenia, an online service has been activated that allows  calculating the cost of customs clearance of a carIn Armenia, an online service has been activated that allows calculating the cost of customs clearance of a car
Gyumri programmers won on hekaton Gyumri programmers won on hekaton "Innovative ideas for tourism development"
Armenian Lori opens a large international ski resortArmenian Lori opens a large international ski resort
A number of light and alcohol industry enterprises of Armenia will be  provided with state supportA number of light and alcohol industry enterprises of Armenia will be provided with state support
Expert: The attitude of Armenian public to the nuclear power industry is demonstrated not by the promiseExpert: The attitude of Armenian public to the nuclear power industry is demonstrated not by the promise