EIB to issue loan under energy efficiency programme to Armenia 

 Friday, April 12 2024 13:30:00
EIB to issue loan under energy efficiency programme to Armenia 

ArmInfo. The European Investment Bank (EIB) will provide Armenia with a loan of 25 million  euros for the implementation of the second stage of the program to improve the energy efficiency of buildings and structures in Yerevan. 

Debt burden of generating energy companies in Armenia leads to  increase in tariffs by 5.5 AMD per kWh
 Monday, December 20 2021 19:33

ArmInfo. The debt burden of generating energy companies in Armenia leads to an increase in electricity tariffs. 

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ANPP management discuss with Czech partners issues related to storage  technologies for spent nuclear fuel
 Monday, December 20 2021 18:35

ArmInfo.Within December 13-17, 2021 upon the invitation of <Skoda JS> company Eduard Martirosyan, <HAEK> CJSC General Director, and Movses Vardanyan, As the official website of the ANPP reports, First Deputy General Director- ANPP Director  visited the Czech Republic.

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France plans to expand activities in Armenia in field of solar energy
 Monday, December 13 2021 14:22

ArmInfo. France plans to expand activities in Armenia in the field of solar energy and install solar panels on reservoirs. Ambassador Extraordinary and  Plenipotentiary of France to Armenia Anne Louyot stated during a  meeting with Minister of Economy of Armenia Vahan Kerobyan.

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New power plant of 254 MWe launched in Yerevan
 Monday, November 29 2021 16:51

ArmInfo. Prime Minister of Armenia Nikol Pashinyan attended today the opening of the new gas fired combined cycle power plant of 254 MWe in Yerevan, the press  service of the Premier reports.

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I am proud of our participation in the project that helped make the  Armenian nuclear power plant safer and more efficient - Rosatom  Director General
 Wednesday, November 17 2021 15:26

ArmInfo.On the occasion of the completion of modernization project and extension of the operation life of the 2nd nuclear reactor of the Armenian nuclear-power plant (NPP), Alexey Likhachev, General Director of the Rosatom state corporation, visited  the Armenian NPP on November 16, the Rosatom oofficial ebsite  reports. 

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Extension of NPP operation until 2036 mere desire yet - Ashot  Martirosyan 
 Wednesday, November 17 2021 15:17

ArmInfo.The second reactor of the Armenian nuclear power plant (NPP) will be connected to Armenia`s power grid on November 17. This is the longest and most important planned maintenance. In an interview with ArmInfo, Ashot Martirosyan,  Chairman of the Nuclear Safety Committee, RA Government, told about  the work to extend the Armenian NPP`s operation life until 2026. 

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Armenia will switch to a new energy model from February 2022
 Tuesday, November 16 2021 15:58

ArmInfo.From February 2022, part of the energy market in Armenia will be liberalized. This was stated by the Chairman of the Public Services Regulatory Commission  Garegin Baghramyan on November 16 at a meeting in the National  Assembly, answering a question about the fate of small hydroelectric  power plants.

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Investments in solar power station in Vaiots Dzor, greenhouse  facility in Kotayk to total AMD 4bln 
 Thursday, November 11 2021 17:45

ArmInfo. The Areg Energy Lts and Rock Berry Ltd will invest nearly AMD 4bln in the construction of a solar power station in Vaiots Dzor and greenhouse facility in  Kotayk. The RA Cabinet approved on Nov. 11 the companies' application  for exemption from import customs duties on imported equipment and  spare parts, raw materials and other goods imported under an  investment project in a priority field.

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Armenia to liberalize electric energy market next Feb
 Wednesday, November 10 2021 16:44

ArmInfo. Armenia is planning to liberalize its electric energy market from next February, Minister of Territorial Administration and Infrastructures Gnel  Sanosyan stated as he summed up his 100-day activities. 

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Spanish ACCIONA intends to invest over 250 million euros in  construction of wind farms in Armenia 
 Wednesday, November 10 2021 11:32

ArmInfo. Governor of Gegharkunik Region Karen Sargsyan received Miguel Arraras, ACCIONA Energy Development Director for the MENA region and Sara Larraz, Business Development Manager of the same company in Europe.

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About $ 3.5 million will be invested in construction of  Solar Power  Station with capacity of 5 MW in Gegharkunik region of Armenia
 Thursday, November 4 2021 15:28

ArmInfo.A.S. Energy LLC will invest 1.65 billion drams for the construction of a  Solar Power Station with an installed capacity of 5 MW in the Gegharkunik region  of Armenia.

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Deputy Prime Minister on construction of new NPP: We are exploring  the possibility of building small modular units
 Friday, October 29 2021 19:05

ArmInfo.The construction of a large copper smelter requires a large amount of energy resources, for the satisfaction of which new opportunities are needed. Deputy  Prime Minister of Armenia Suren Papikyan stated this in an interview  with Public Television. In this regard, he said that today Armenia is  studying the possibilities of building new small-scale modular units  with a capacity of 55 and 100 MW.

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Head of PSRC: Frequent power outages are not a consequence of the  post-war situation
 Wednesday, October 20 2021 17:02

ArmInfo.Frequent power outages are not a consequence of the post-war situation, Chairman of the Public Services Regulatory Commission (PSRC) of Armenia Garegin  Baghramyan said on October 20 in an interview with journalists.

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Is it realistic to maintain the current gas price? Deputy Prime  Minister of Armenia explained 
 Tuesday, October 19 2021 17:17

ArmInfo.The price of Russian gas for Armenia will be preserved if it is possible to ensure the necessary profitability of the 5th unit of the Hrazdan TPP. Deputy  Prime Minister Mher Grigoryan told reporters on October 19.

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32nd energy charter conference ministerial meeting to be held in  Yerevan
 Monday, October 18 2021 21:15

ArmInfo. RA Deputy Foreign  Minister Vahe Govorgyan and Secretary General of the International  Energy Charter Secretariat Urban Rusnak during the meeting in Yerevan  discussed issues on the agenda of cooperation between the RA and the  Charter.  As reported by the press service of the RA MFA, the  interlocutors touched upon the process of modernization of the  Charter Treaty.

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Armenian NPP connected to RA unified power grid since October 17
 Monday, October 18 2021 15:05

ArmInfo.On October 17, 2021 following outage-2021 the ANPP Unit 2 was started and connected to the RA unified power grid, the press service of the ANPP reports.   According to the source, employees of almost all the subdivisions of  the Armenian NPP, as well as about 600 specialists from Russia,  Belarus, Ukraine, Croatia, Czech Republic, Slovakia and other  countries participated in the activities.

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In Moscow, Suren Papikyan discussed issues related to "North-South  Power Corridor" and construction of a new nuclear power unit in  Armenia 
 Friday, October 15 2021 16:41

ArmInfo.Within the framework of the international forum "Russian Energy Week", Deputy Prime Minister of Armenia Suren Papikyan met with Deputy Prime Minister of the Russian Federation Alexander Novak and Director General of Rosatom  State Corporation Alexey Likhachev.  

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Pashinyan: Formation of the common energy market of the EAEU is a  prerequisite for the full realization of the potential of economic  integration
 Thursday, October 14 2021 18:06

ArmInfo.The issues of the formation of common markets for electricity, gas, oil and oil products in the EAEU are categorized as systemically important. Prime  Minister of Armenia Nikol Pashinyan stated this on October 14 at a  meeting of the Supreme Eurasian Economic Council (SEEC).

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Expert: Building a 600 MW reactor would be the most appropriate  option for Armenia
 Wednesday, October 13 2021 19:55

ArmInfo.In terms of scale, the most correct for Armenia could be a 600 MW reactor, the design of which is available in the research institutes of Rosatom. Energy  expert, editor-in-chief of Geoenergy.info magazine Boris  Martsinkevich stated this during the online bridge  Moscow-Minsk-Yerevan-Nursultan.

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Expert: It is reasonable to use stock exchanges for the formation of  market-based gas prices 
 Wednesday, October 13 2021 19:49

ArmInfo. For the formation of gas prices to be market-based, it is reasonable to use exchange platforms. A similar opinion was expressed on October 13 by energy  expert, editor of Geoenergetika.info magazine Boris Martsinkevich  during the video online bridge Moscow-Minsk-  Yerevan-Bishkek-Nursultan. In this regard, he recalled the intention  of the Eurasian Economic Commission (EEC) to organize similar 3 sites  in the Eurasian space (2 in Russia and 1 in Kazakhstan).

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News
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Armenia introduces new rules for labeling carbonated, non-carbonated  watersArmenia introduces new rules for labeling carbonated, non-carbonated  waters
Arsen Bazikyan: Armenia`s agriculture is transforming into  agribusinessArsen Bazikyan: Armenia`s agriculture is transforming into  agribusiness
Armenia to join e-CMR protocolArmenia to join e-CMR protocol
Armenia`s government changes Kaps reservoir project funding Armenia`s government changes Kaps reservoir project funding 
Armenian FM, minister of economy of Saudi Arabia discuss development  of economic ties Armenian FM, minister of economy of Saudi Arabia discuss development  of economic ties 
IMF upgrades Armenia`s GDP growth forecast for 2024 from 5% to 6%,  expecting inflation at 3.1% and unemployment at 13%IMF upgrades Armenia`s GDP growth forecast for 2024 from 5% to 6%,  expecting inflation at 3.1% and unemployment at 13%
Armenia`s Deputy PM, Veolia Vice President discuss problems with  water supply to consumers Armenia`s Deputy PM, Veolia Vice President discuss problems with  water supply to consumers 
EEC Board decided to liberalize certain categories of precious  metals` import/exportEEC Board decided to liberalize certain categories of precious  metals` import/export
Earthquakes, drought could affect Armenia`s debt sustainability -  EFSDEarthquakes, drought could affect Armenia`s debt sustainability -  EFSD
Converse Bank starts initial placement of next AMD, USD bonds in  amount of AMD 5 billion, $10 millionConverse Bank starts initial placement of next AMD, USD bonds in  amount of AMD 5 billion, $10 million
USAID releases fact sheet following Joint EU-US-Armenia High Level  Meeting in Support of Armenia USAID releases fact sheet following Joint EU-US-Armenia High Level  Meeting in Support of Armenia 
Expert: Armenia has the potential to get high-quality and abundant  harvest of apricots this yearExpert: Armenia has the potential to get high-quality and abundant  harvest of apricots this year
EFSD presents assessment of potential impact of natural disasters on  debt sustainability of Armenia, Kyrgyzstan and TajikistanEFSD presents assessment of potential impact of natural disasters on  debt sustainability of Armenia, Kyrgyzstan and Tajikistan
Armenia is considering appointing attache in Silicon ValleyArmenia is considering appointing attache in Silicon Valley
Astana proposes joint investment programmes in Yerevan Astana proposes joint investment programmes in Yerevan 
Armenia, Kazakhstan have unrealized economic potential - premier Armenia, Kazakhstan have unrealized economic potential - premier 
Armenia, EU discuss expansion of economic cooperation Armenia, EU discuss expansion of economic cooperation 
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EAEU and its economic principles should not be mixed with political  ambitions - Nikol PashinyanEAEU and its economic principles should not be mixed with political  ambitions - Nikol Pashinyan
Armenia, Australia to strengthen cooperation in high-tech field Armenia, Australia to strengthen cooperation in high-tech field 
Leasing EXPO -2024 officially opened in YerevanLeasing EXPO -2024 officially opened in Yerevan
Araratbank to double leasing portfolio by end of 2024Araratbank to double leasing portfolio by end of 2024
Armenian, Kazakh passenger and cargo carriers to be exempted from  road and environmental taxes on reciprocal basis Armenian, Kazakh passenger and cargo carriers to be exempted from  road and environmental taxes on reciprocal basis 
Economy Ministry jointly with Armenal, develop schemes to diversify  sales markets for enterprise`s productsEconomy Ministry jointly with Armenal, develop schemes to diversify  sales markets for enterprise`s products
Info about IT specialists leaving Armenia en masse has nothing to do  with reality - premierInfo about IT specialists leaving Armenia en masse has nothing to do  with reality - premier
WB improves Armenia`s   economic growth forecast for 2024 from 4.7%  to 5.5% WB improves Armenia`s   economic growth forecast for 2024 from 4.7%  to 5.5% 
Government is ready to share risks with agricultural insurersGovernment is ready to share risks with agricultural insurers
EIB to issue loan under energy efficiency programme to Armenia EIB to issue loan under energy efficiency programme to Armenia 
Deadline for filing personal income declarations in Armenia may be  extendedDeadline for filing personal income declarations in Armenia may be  extended
ADB intends to expand its areas of activity in ArmeniaADB intends to expand its areas of activity in Armenia
ADB forecasts 5.7% economic growth for Armenia in 2024ADB forecasts 5.7% economic growth for Armenia in 2024
Conversebank to present its Converse Leasing product at annual  Leasing ExpoConversebank to present its Converse Leasing product at annual  Leasing Expo
By rebranding, INGO Armenia IC begins new stage of developmentBy rebranding, INGO Armenia IC begins new stage of development
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USAID to invest additional $33mln in Armenia`s economy USAID to invest additional $33mln in Armenia`s economy 
Idplus Bonuses in Idram&IDBank ApplicationIdplus Bonuses in Idram&IDBank Application
Deputy PM: we are ready for any assistance to contribute cargo  aviation establishmentDeputy PM: we are ready for any assistance to contribute cargo  aviation establishment
Mkhitar Hayrapetyan on TV broadcasting agreement with RF: If our  proposals are not taken into account, we do not rule out possibility  of terminating agreement unilaterallyMkhitar Hayrapetyan on TV broadcasting agreement with RF: If our  proposals are not taken into account, we do not rule out possibility  of terminating agreement unilaterally
Armenia, Iran discuss organization of joint production in various  branches of economy Armenia, Iran discuss organization of joint production in various  branches of economy 
ADB ready to fund northern section of Sisian-Kajaran highway of  North-South transport corridor  ADB ready to fund northern section of Sisian-Kajaran highway of  North-South transport corridor  
Armenia`s Ministry of High-Tech Industry developing sectoral strategy Armenia`s Ministry of High-Tech Industry developing sectoral strategy 
Armenia`s footwear exports to Russia 11 times up Armenia`s footwear exports to Russia 11 times up 
EDB sets course for digital future of transportation at joint EEC and  ESCAP eventEDB sets course for digital future of transportation at joint EEC and  ESCAP event
Team`s Next Generation Networ is already available in AshtarakTeam`s Next Generation Networ is already available in Ashtarak
Kazakhstan`s potential exports to Armenia total $350mln - minister Kazakhstan`s potential exports to Armenia total $350mln - minister 
Armenia`s economy to face crisis if Moscow severs economic ties with  Yerevan - ex-premier Armenia`s economy to face crisis if Moscow severs economic ties with  Yerevan - ex-premier 
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Armenian service sector generated revenue of $1.2 billion in first  two monthsArmenian service sector generated revenue of $1.2 billion in first  two months
EEC: EAEU common electricity market is at high level of readinessEEC: EAEU common electricity market is at high level of readiness
Armenia`s metallurgical industry increased production volumes by 37%  in first 2 monthsArmenia`s metallurgical industry increased production volumes by 37%  in first 2 months
Idram and IDBank participated in the signing ceremony of the Declaration of Women`s Empowerment PrinciplesIdram and IDBank participated in the signing ceremony of the Declaration of Women`s Empowerment Principles
US supports building of strong transport corridor from Turkiye  to  Central AsiaUS supports building of strong transport corridor from Turkiye  to  Central Asia
EFSD contributes to modernization of Armenia`s irrigation systemEFSD contributes to modernization of Armenia`s irrigation system
ADB to issue EUR 60.09mln loan to Armenia for urban development  programmes ADB to issue EUR 60.09mln loan to Armenia for urban development  programmes 
EIB to issue EUR 25mln loan to Armenia for 2nd phase of energy  efficiency programme in Yerevan EIB to issue EUR 25mln loan to Armenia for 2nd phase of energy  efficiency programme in Yerevan 
Armenia`s clothing exports to Russia 1.5 times up Armenia`s clothing exports to Russia 1.5 times up 
Armenia needs alternative if leaves EAEU - expert Armenia needs alternative if leaves EAEU - expert 
Diagnosis from Prime Minister: Armenia`s irrigation system is deadDiagnosis from Prime Minister: Armenia`s irrigation system is dead
CECC business mission to visit Armenia  CECC business mission to visit Armenia  
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