ArmInfo. In the next 10 years, $ 872 million will be invested in the modernization of the grid facilities of CJSC "Electric Networks of Armenia", part of the Russian Tashir Group. This was announced by the Vice-President of the Tashir Group of Companies, Directors of "Electric Networks of Armenia" CJSC Karen Darbinyan.
According to him, the program will be half financed by international financial institutions, and the other half will be financed from Tashir's own funds. The project includes 6 directions. It is necessary, in particular, in all regions of the republic (with the exception of Yerevan, where there are problems related to town planning) to completely replace all cable lines, substation equipment, air lines, and settlement equipment. In particular, the equipment of electric substations with voltage of 6-10 / 04 kV will be modernized, for which $ 267 million will be directed, 35-04 kV overhead transmission lines ($ 238 million), power lines ($ 115 million), repair and reconstruction works $ 13 million), an automated electricity metering system ($ 201 million) was introduced, ISO standards ($ 37 million) were introduced. The program will be implemented in three phases - until 2021, from 2021 to 2025, and from 2025 until 2028. During each of these stages, the company has obligations to improve the loss performance, reduce the timing of eliminating accidents, eliminating voltage surges.
Funds for the implementation of the program will be attracted from the European Bank for Reconstruction and Development and the Asian Development Bank, with the Eurasian Development Bank an agreement on attracting $ 100 million has been signed. Negotiations are also continuing with other financial institutions - banks of the Netherlands, IFC and others. "Within the next year, all sources of attracting $ 450 million will be clarified," Karen Darbinian said, adding that the project will improve the quality of electricity supply and improve the quality of services provided. One of the most important tasks will be the replacement of equipment, 80% of which is morally and physically obsolete. At the same time, as the Chairman of the Board of Directors noted, 80% of all new equipment will be produced in Armenia. To solve this problem, about $ 100 million will be channeled. In particular, in 2018-2019. a new cable factory, a factory for the production of switches will be established, and an enterprise for the production of electric meters will be expanded. Moreover, the products produced in Armenia will be used in the Russian Federation, where the Tashir Group of Companies is launching a number of programs in the energy sector.
It should be noted that in order to attract long-term loans for the implementation of the investment program, the Tashir Group and Electric Networks of Armenia signed a number of agreements with international financial organizations. For example, an agreement of intent was signed with the Asian Development Bank (ADB), an agreement was signed with the Eurasian Development Bank (EDB) on attracting loans for up to $ 100 million, an agreement on technical cooperation was signed with the International Finance Corporation (IFC) Ardshinbank "agreement on bank support of investment program projects. Earlier in July of this year, agreements on borrowing with ADB and the European Bank for Reconstruction and Development (EBRD) were signed for a total of $ 160 million.
The Tashir Group of Companies is a multidisciplinary group of companies of the federal scale, founded in 1999 and uniting more than 200 companies in various sectors of the Russian economy, including construction, manufacturing, financial and energy industries, development, retail and entertainment. The total number of employees exceeds 45,000 people. The geography of activity covers 25 cities of Russia and the near abroad. The founder and president of the company is Samvel Karapetyan. The head office is located in Moscow. The core business of the group of companies is the development and management of commercial real estate, with priority being commercial real estate. - the leader of the Russian market of development, the creator of modern, high-tech facilities in the field of commercial and residential real estate, the total area of which is about 2.5 million square meters. CJSC carries out activities on transmission and distribution of electricity in the territory of the Republic of Armenia, and also has a license for the export and import of electricity to the Republic of Georgia. According to the RA law "On Energy", the Company is the only person in the country with which all other legal entities and individuals have the right to conduct transactions for buying or selling electricity. The company serves about 1 million consumers, is one of the largest taxpayers and the largest employer of the country.