Thursday, June 22 2017 13:06
Naira Badalian

International tender for selection of general contractor for construction of electricity transmission line Armenia-Georgia to be completed in September 2017

International tender for selection of general contractor for construction of electricity transmission line Armenia-Georgia to be completed in September 2017

ArmInfo. The international tender for the selection of the general contractor for the construction of the Armenia-Georgia electricity transmission line will be completed in September 2017, ArmInfo correspondent was told in the press service of the RA Ministry of Energy Infrastructures and Natural Resources.

The Ministry of Energy recalled that after the completion of the construction and commissioning of the Iran-Armenia and Armenia-Georgia electricity transmission lines, the Republic of Armenia will act as a regional power hub connecting the electric power systems of Iran, Georgia and Russia.

The new government program for 2017-2022 stated that the Iran-Armenia and Armenia-Georgia power lines will be put into operation by the end of 2019. In the framework of the previously launched project for the construction of the Iran-Armenia power line with a voltage of 400 kilovolts, during 2017-2018, works will be completed on the installation of transmission lines, as well as the construction of a substation. The line and the substation are planned to be commissioned in 2019, which will allow to increase the flow of electricity with neighboring Iran by three times.

Until the end of the year, the government intends to finish the project works for the transmission lines Armenia-Georgia. The project will be implemented in 2019. Within the framework of the construction program for the Armenia-Iran and Armenia-Georgia power lines, the government intends to exploit the Iran-Armenia electricity transmission line and the substation by the end of 2019. The power lines will be completed by the end of 2019.

According to ArmInfo, the construction of the Armenia-Georgia power line will connect the electric power systems of Armenia and Georgia as an integral part of the North-South energy corridor. In parallel, the construction of the Iran-Armenia electricity transmission line continues. The total amount of investments in both projects will be about $ 420 million. As a result of the project implementation, interregional communication will be strengthened, mutual flows and electricity trade will increase.

To recall, on June 19, the Government of the country approved its program of activities for 2017-2022, according to which the policy of the Armenian government in the energy sector will be aimed at increasing energy independence and security, ensuring regional integration and sustainable development, based on the further development of nuclear energy and the full use of energy resources of the country, as well as the introduction of energy-efficient modern technologies. According to the text of the program, at this stage the country's energy system not only fully meets the demands of the domestic market, but also has an export potential. At the same time, as part of the government's efforts to liberalize the energy market and search for new regional markets, by the end of 2017 it is planned to develop a program for the liberalization of the electric power system and the development of interstate trade. In addition, by the end of 2020, it is planned to develop a new RA law "On Energy", taking into account the best world experience, and by the end of 2021 - to offer a new perspective program for the development of the electric power system of Armenia for the next 10 years.

POST A COMMENT
Input digits     


News
Moscow Domodedovo Airport named FLYONE ARMENIA punctual carrierMoscow Domodedovo Airport named FLYONE ARMENIA punctual carrier
SRC: Damage caused to state -155 million AMD SRC: Damage caused to state -155 million AMD 
UNWTO Secretary General: We add Armenia to the wine tourism mapUNWTO Secretary General: We add Armenia to the wine tourism map
Armswissbank became a principal member of Visa InternationalArmswissbank became a principal member of Visa International
Armenia`s real estate market is <in chocolate>Armenia`s real estate market is
Tourism investment guide developed for RA with support of UNWTOTourism investment guide developed for RA with support of UNWTO
Gevorg Papoyan: Most of the wines produced in Armenia more than meet  European standardsGevorg Papoyan: Most of the wines produced in Armenia more than meet  European standards
Official opening of VIII UN Global Conference on Wine Tourism takes  place in YerevanOfficial opening of VIII UN Global Conference on Wine Tourism takes  place in Yerevan
Armenia to abolish profit limit for military industry Armenia to abolish profit limit for military industry 
Yandex Money blocking customer accounts (wallets) at foreign  countries` request Yandex Money blocking customer accounts (wallets) at foreign  countries` request 
WB loan to enable reconstruction of three electric power substations WB loan to enable reconstruction of three electric power substations 
WB to support compulsory medical insurance in Armenia WB to support compulsory medical insurance in Armenia 
400 apartments will be raffled by an exceptional price as a result of the new cooperation between Ardshinbank CJSC and ML Mining400 apartments will be raffled by an exceptional price as a result of the new cooperation between Ardshinbank CJSC and ML Mining
RA IC names the cause of the explosion at the Hrazdan TPPRA IC names the cause of the explosion at the Hrazdan TPP
The Central Bank of Armenia has revised its GDP growth forecast for  2024 from the previous range of 6.8- 6.1% to a new range of 6.5-5.8%The Central Bank of Armenia has revised its GDP growth forecast for  2024 from the previous range of 6.8- 6.1% to a new range of 6.5-5.8%
Fines for inaccurate tax accounts to be imposed in Armenia Fines for inaccurate tax accounts to be imposed in Armenia 
Armenia to impose punishment for unsanctioned export on sensitive  goods to EAEU Armenia to impose punishment for unsanctioned export on sensitive  goods to EAEU 
Armenia, Hungary to continue developing cooperation in sectoral  directions along with active political dialogueArmenia, Hungary to continue developing cooperation in sectoral  directions along with active political dialogue
USA to double financial aid to Armenia USA to double financial aid to Armenia 
Central Bank of Armenia: Rising unemployment and low inflation are  the result of weak aggregate demandCentral Bank of Armenia: Rising unemployment and low inflation are  the result of weak aggregate demand
Armenia ratifies agreements on determining the origin of goods  exported from the EAEU and on warehouse certificates for agricultural  productsArmenia ratifies agreements on determining the origin of goods  exported from the EAEU and on warehouse certificates for agricultural  products
Armenia ratifies the CIS Free Trade agreement Armenia ratifies the CIS Free Trade agreement 
Armenia to become part of the International Solar AllianceArmenia to become part of the International Solar Alliance
Armenia`s CB further reduces refinancing rate, from 7.75% down to  7.5%Armenia`s CB further reduces refinancing rate, from 7.75% down to  7.5%
Idram: Infrastructure for Financial Institutions․ Idram for EveryoneIdram: Infrastructure for Financial Institutions․ Idram for Everyone
Armenia intends to join the e-CMR protocolArmenia intends to join the e-CMR protocol
Yerevan to host 3rd Eurasian Economic Forum Yerevan to host 3rd Eurasian Economic Forum 
IT specialists, miners and financiers earn 5 times more than teachers and doctors - Statistical Department of ArmeniaIT specialists, miners and financiers earn 5 times more than teachers and doctors - Statistical Department of Armenia
MP proposed eradicating the practice of illegally privatizing and then selling state propertyMP proposed eradicating the practice of illegally privatizing and then selling state property
Armenia`s foreign trade turnover increased by 95% thanks to   Armenia`s foreign trade turnover increased by 95% thanks to   "precious route" Russia - Armenia - UAE
Shares of two state-owned companies privatized, and 3.7 billion drams  transferred to the state and community budgets in 2023: Head of the  State Property CommitteeShares of two state-owned companies privatized, and 3.7 billion drams  transferred to the state and community budgets in 2023: Head of the  State Property Committee
In Armenia`s foreign trade, the share of precious metals and stones increased from 14% to 61% over the yearIn Armenia`s foreign trade, the share of precious metals and stones increased from 14% to 61% over the year
Nokia, Team Telecom Armenia open access to 25G PON services  throughout ArmeniaNokia, Team Telecom Armenia open access to 25G PON services  throughout Armenia
1,115 electric cars can be imported to Armenia at preferential  tariffs by 2024 end 1,115 electric cars can be imported to Armenia at preferential  tariffs by 2024 end 
Armenia intends to adopt Latvia`s experience in developing a  closed-loop economyArmenia intends to adopt Latvia`s experience in developing a  closed-loop economy
Armenia, Latvia to expand business ties Armenia, Latvia to expand business ties 
The Power of One Dram to The Power of One Dram to "Moonk" technoschool
An interdepartmental commission to support investment programs to be  established in ArmeniaAn interdepartmental commission to support investment programs to be  established in Armenia
Armenia`s external debt growing since July 2024Armenia`s external debt growing since July 2024
Motor Insurers` Bureau of Armenia is increasing the maximum threshold  under the European protocol to 400 thousand drams from September 18Motor Insurers` Bureau of Armenia is increasing the maximum threshold  under the European protocol to 400 thousand drams from September 18
Yerevan to host III Eurasian Economic ForumYerevan to host III Eurasian Economic Forum
Armenia`s economy and state competing for sooner collapse -  ex-official Armenia`s economy and state competing for sooner collapse -  ex-official 
Transfers` inflow to Armenia continues to declineTransfers` inflow to Armenia continues to decline
All non-public funds to be accountable to Armenia`s CB All non-public funds to be accountable to Armenia`s CB 
Armenia`s authorities plan bridge construction in Akhtala Armenia`s authorities plan bridge construction in Akhtala 
Armenia`s premier raises problem of low-quality electric energy  supply Armenia`s premier raises problem of low-quality electric energy  supply 
Armenian broker Invia Investments to provide access to trading on ITSArmenian broker Invia Investments to provide access to trading on ITS
Electric Networks of Armenia to invest AMD 296bln in upgrading grid  system by 2026Electric Networks of Armenia to invest AMD 296bln in upgrading grid  system by 2026
Delegates from 36 countries to attend UN Global Wine Tourism  ConferenceDelegates from 36 countries to attend UN Global Wine Tourism  Conference
Electric Networks of Armenia ever apolitical - board chairman Electric Networks of Armenia ever apolitical - board chairman 
Armenia`s authorities refrain from revising real estate prices for  taxation Armenia`s authorities refrain from revising real estate prices for  taxation 
Armenia s government works out programme of accumulating capacities  introduction in Armenia s energy sector Armenia s government works out programme of accumulating capacities  introduction in Armenia s energy sector 
Maiden nonstop flight from Armenia to China carried out Maiden nonstop flight from Armenia to China carried out 
Armenia`s international reserves go down  $3.411 blnArmenia`s international reserves go down  $3.411 bln
Armenia left out of trans-border Black Sea submarine cable projectArmenia left out of trans-border Black Sea submarine cable project
RA Economy Minister: supply issues of Armenian products to Russia are  solved in due courseRA Economy Minister: supply issues of Armenian products to Russia are  solved in due course
Armenia`s finance minister on state of economy at end of first half  of 2024 Armenia`s finance minister on state of economy at end of first half  of 2024 
No problems with redemption of 2nd tranche of $500mln sovereign bonds  next year - finance minister No problems with redemption of 2nd tranche of $500mln sovereign bonds  next year - finance minister 
RA State Revenue Committee: Income tax refunded to RA State Revenue Committee: Income tax refunded to "mortgage holders"  for the first half of the year was 8 billion more than for the same  period in 2023
In October 2024  Masrik-1 solar station will be operational In October 2024  Masrik-1 solar station will be operational 
Read more
Exchange rates
13.09.2024
RUB4.260.03
USD387.23-0.04
EUR429.522.71
GBP508.322.93
CAD285.13-0.21
JPY27.530.37
CNY54.580.20
CHF456.593.11