Reconstruction of substations is of strategic importance for servicing electricity flows

ArmInfo. The Minister of Energy  and Natural Resources of Armenia, Ashot Manukyan, accepted a World  Bank mission led by Abdulaziz Faghi on December 7.According to the press service of power economy Ministry, the parties  discussed the programs supported by the Bank and the opportunities  for further cooperation. Ashot Manukyan highly appreciated the role  of the Bank in assisting the energy sector of Armenia and enhancing  the reliability of the power transmission network.

The parties referred to the  issues related to the process of  implementing substation reconstruction projects and their financing.  It was noted that the reconstruction of substations is of great  importance for the energy system of Armenia in terms of implementing  regional programs. Without their modernization, it will be impossible  to cope with the expected flows in the coming years.  "After the  launch of the Iran-Armenia high-voltage line, the possibility of  electricity export will be increased three-fold." In this context,  the construction of the substation at the Yerevan Thermal Power Plant  is of strategic importance and will also serve the second power unit  of the Yerevan TPP, "Ashot Manukyan said.  Touching upon the program  of financial rehabilitation of the energy system implemented with the  assistance of the World Bank, the representative of the WB Armenian  office Arthur Kochkanyan expressed his satisfaction with the process  and results, noting that all the planned indicators have been fully  implemented.  The four-way memorandum between Armenia, Georgia, Iran  and Russia, providing for increasing the level of management of  electricity flows, security and reliability of power systems, was  signed on December 23, 2015 in Yerevan. According to the RA Ministry  of Energy, the fact that the energy systems of the four countries  operate in parallel synchronous mode contributes to the creation of  an enabling environment for cooperation. In particular, it is  envisaged to commission the fourth power transmission line Armenia-  Georgia with the capacity of 400-500 kW by the end of 2019.