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
Armenia`s trade turnover surpassed $14 billion in 11 monthsArmenia`s trade turnover surpassed $14 billion in 11 months
Narek Mkrtchyan: Average insecurity benefit in Armenia to increase  from 33,350 to 49,330 AMDNarek Mkrtchyan: Average insecurity benefit in Armenia to increase  from 33,350 to 49,330 AMD
Armenia`s communications revenue slowed in growthArmenia`s communications revenue slowed in growth
 Cargo transportation in Armenia decreased by 10.2% in 11 months,  while passenger transportation increased by 18.1% Cargo transportation in Armenia decreased by 10.2% in 11 months,  while passenger transportation increased by 18.1%
Overchuk calls Armenia`s decision to launch EU accession process as  start of its EAEU exit   Overchuk calls Armenia`s decision to launch EU accession process as  start of its EAEU exit   
Armenia`s energy output 5.9% up by Dec 2024 as compared with Dec 2023 Armenia`s energy output 5.9% up by Dec 2024 as compared with Dec 2023 
RA State Revenue Committee explains tax bill submission procedures in  2025 RA State Revenue Committee explains tax bill submission procedures in  2025 
Armenian producers to take part in PRODEXPO-2025 exhibitionArmenian producers to take part in PRODEXPO-2025 exhibition
Armenia`s Ministry of Finance, Ministry of Economy exchange functions Armenia`s Ministry of Finance, Ministry of Economy exchange functions 
Armenia, U.S. to initiate working group to strengthen enforcement of  export controls for dual-use goodsArmenia, U.S. to initiate working group to strengthen enforcement of  export controls for dual-use goods
Foreign investments flow from offshore Jersey to Armenia resumedForeign investments flow from offshore Jersey to Armenia resumed
Armenia, Iran must continue cooperation in all fields - minister Armenia, Iran must continue cooperation in all fields - minister 
Aghasi Tavadyan: Real incomes of Armenian families experienced   growthAghasi Tavadyan: Real incomes of Armenian families experienced   growth
Ameriabank Raises $200 Million from IFC, Marking the Largest Transaction by IFC ever with a Financial Institution in ArmeniaAmeriabank Raises $200 Million from IFC, Marking the Largest Transaction by IFC ever with a Financial Institution in Armenia
ARMSWISSBANK JOINS COMMUNITY OF RESPONSIBLE BANKS AS A UNEP FI MEMBERARMSWISSBANK JOINS COMMUNITY OF RESPONSIBLE BANKS AS A UNEP FI MEMBER
Armenia, Iran to expand cooperation in industry, agriculture tourism Armenia, Iran to expand cooperation in industry, agriculture tourism 
Armenia`s membership in EAEU extremely important for country`s  economy - Samvel Karapetyan Armenia`s membership in EAEU extremely important for country`s  economy - Samvel Karapetyan 
In 2024, Armenia saw 7% decrease in tourist arrivals compared to 2023In 2024, Armenia saw 7% decrease in tourist arrivals compared to 2023
Yeraskh metallurgical plant to start mass production in  February-March this yearYeraskh metallurgical plant to start mass production in  February-March this year
Minister of Economy: Exiting EAEU is not on government`s agendaMinister of Economy: Exiting EAEU is not on government`s agenda
Gevorg Papoyan: Amulsar project to boost Armenia`s economy with an  extra $120 mln in annual taxesGevorg Papoyan: Amulsar project to boost Armenia`s economy with an  extra $120 mln in annual taxes
Risks of exiting EAEU are obvious: Finance MinisterRisks of exiting EAEU are obvious: Finance Minister
Gevorg Papoyan on the Gevorg Papoyan on the "Dry Port" project: We are also considering a  more detailed study for final economic impact calculations 
Armenia`s ministry of finances revises GDP growth forecast down Armenia`s ministry of finances revises GDP growth forecast down 
WB loan to be spent on modernizing three electric power substations WB loan to be spent on modernizing three electric power substations 
Head of Armenia`s State Revenue Committee, U.S. ambassador to Armenia  highlight importance of creating more effective mutual trade  environment Head of Armenia`s State Revenue Committee, U.S. ambassador to Armenia  highlight importance of creating more effective mutual trade  environment 
Government`s economic policy success - minister Government`s economic policy success - minister 
Armenia`s public funds to meet CB-set requirements Armenia`s public funds to meet CB-set requirements 
What economic growth would Armenia record but for re-exportWhat economic growth would Armenia record but for re-export
IRI Chief Customs Officer: Iran`s largest share of exports within  EAEU belongs to Russia, Armenia and KazakhstanIRI Chief Customs Officer: Iran`s largest share of exports within  EAEU belongs to Russia, Armenia and Kazakhstan
Armenian interbank foreign exchange market inactive in first week of  2025Armenian interbank foreign exchange market inactive in first week of  2025
In Armenia, wine production decreased by 27.1% over 11 months, while  cognac production increased by 4.9%In Armenia, wine production decreased by 27.1% over 11 months, while  cognac production increased by 4.9%
By December 2024, the industrial sector saw an increase in its growth  rateBy December 2024, the industrial sector saw an increase in its growth  rate
In 2024, Armenia`s inflation rate  was 1.5%  In 2024, Armenia`s inflation rate  was 1.5%  
In Armenia, economic activity growth slowed down from 9.4% to 7.4% in  January-November 2024In Armenia, economic activity growth slowed down from 9.4% to 7.4% in  January-November 2024
Armenia`s unemployment rate rose from 12% to 13.3%  Armenia`s unemployment rate rose from 12% to 13.3%  
Armenia`s Trade Unions Head: Changes in working hours will not impact  the country`s economic growth Armenia`s Trade Unions Head: Changes in working hours will not impact  the country`s economic growth 
Armenia`s premier reports 400% increase in Armenia-EU passenger  traffic over last 7 yearsArmenia`s premier reports 400% increase in Armenia-EU passenger  traffic over last 7 years
Mayler company to invest AMD 12bln in Yegipatrush ski resort in 2025Mayler company to invest AMD 12bln in Yegipatrush ski resort in 2025
WB to help Armenia implement water programmeWB to help Armenia implement water programme
Overchuk: EAEU and EU are incompatible. Yerevan will have to make a  choiceOverchuk: EAEU and EU are incompatible. Yerevan will have to make a  choice
In January, Armenia will submit its proposed amendments to the  intergovernmental agreement on television broadcasting to the Russian  side In January, Armenia will submit its proposed amendments to the  intergovernmental agreement on television broadcasting to the Russian  side 
Mkhitar Hayrapetyan: The way Armenia uses satellite images does not  concern our Spanish partnersMkhitar Hayrapetyan: The way Armenia uses satellite images does not  concern our Spanish partners
In 2024, Syunik Airport operated 71 flights between Yerevan and KapanIn 2024, Syunik Airport operated 71 flights between Yerevan and Kapan
David Khudatyan on the construction of a nuclear power plant: We are  considering proposals not only from the Russian Federation and the  United States, but also from other countriesDavid Khudatyan on the construction of a nuclear power plant: We are  considering proposals not only from the Russian Federation and the  United States, but also from other countries
EIB to grant EUR 10.1mln to Armenia for energy efficiency programme  in Yerevan EIB to grant EUR 10.1mln to Armenia for energy efficiency programme  in Yerevan 
Sisian-Kajaran section of North-South project planned to be completed  by end of 2031 Sisian-Kajaran section of North-South project planned to be completed  by end of 2031 
Railway passenger traffic 4.6% up in Armenia in 2024Railway passenger traffic 4.6% up in Armenia in 2024
Luys Foundation: Following the results of 2024, Armenia`s economic  growth  may be below 5.8%Luys Foundation: Following the results of 2024, Armenia`s economic  growth  may be below 5.8%
Armenia`s State Treasury experienced a revenue loss of 224 bln AMD in  2024Armenia`s State Treasury experienced a revenue loss of 224 bln AMD in  2024
Cadastral map in Kirants changed: Suren Tovmasyan refrains from  commenting on delimitation commission`s actions Cadastral map in Kirants changed: Suren Tovmasyan refrains from  commenting on delimitation commission`s actions 
Housing transactions in Armenia increased by about 13%Housing transactions in Armenia increased by about 13%
Head of Cadastre Committee warns against unauthorized building  projects Head of Cadastre Committee warns against unauthorized building  projects 
Ardshinbank s Nominal Forest Has Been PlantedArdshinbank s Nominal Forest Has Been Planted
AMD 59bln subvention programmes implemented in Armenia in 2024AMD 59bln subvention programmes implemented in Armenia in 2024
UMI to equally cover all insured persons - bill UMI to equally cover all insured persons - bill 
EAEU major actor in international economic relations - RF MFA EAEU major actor in international economic relations - RF MFA 
12.5% of Lydian Armenia CJSC stock gifted to the RA Government12.5% of Lydian Armenia CJSC stock gifted to the RA Government
Certain activity in Armenia`s interbank foreign exchange market  during last week of 2024 Certain activity in Armenia`s interbank foreign exchange market  during last week of 2024 
May the Holiday Warm Hearts: Idram and IDBank Support the Children of HeroesMay the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes
Read more
Exchange rates
15.01.2025
RUB3.880.01
USD398.090.31
EUR410.312.27
GBP486.782.05
CAD277.530.93
JPY25.390.19
CNY54.300.04
CHF436.652.44