Thursday, July 2 2020 14:16
Alexandr Avanesov

Patrick Frey will become an independent engineer in the construction  of a new thermal power unit in Yerevan

Patrick Frey will become an independent engineer in the construction  of a new thermal power unit in Yerevan

ArmInfo.  ArmPower Company Constructing a Heat Block in Yerevan combined cycle power of 250 MW, presented to the government the candidacy of Patrick Frey as  independent engineer, which was approved at a meeting of the RA  government on July 2.  As noted in the certificate - the rationale  for the draft decision, a framework agreement on the design,  development, financing.

The construction, ownership, operation and maintenance of a  combined-cycle gas-fired power plant with a capacity of 250 MW  provides for an independent engineer to join the project, who does  not depend on the interests of the customer and the contractor,  constantly monitoring quality, standards and terms of work.  Recall  that on July 12 of last year, the official ceremony of starting the  construction work of the new block was held in Yerevan. . The new  combined cycle power plant will have an electric capacity of 250  megawatts and is expected to be commissioned by early 2022. Siemens  will supply a power unit for a new combined cycle power plant. The  company will also operate and maintain the station for 25 years.  Siemens supply includes a power unit, which consists of a gas  turbine, a steam turbine, two generators and a boiler for heat  recovery. In addition to the operation of the power plant and its  maintenance for 25 years, the Operation and Maintenance Agreement  also includes diagnostic services, technical support from a remote  expert center and remote control.

The Italian company Renco S.p.A., which is engaged in design,  procurement and construction, is responsible for the construction of  the entire block, and together with the Italian joint-stock company  Simest S.p.A. she owns a 60 percent stake in ArmPower.

The construction of the station will take about 26 months, which will  make it possible to create about 1,200 temporary jobs. After putting  the facility into operation, 200-250 new permanent jobs will be  created.  Siemens will take on the task of improving the  qualifications of station personnel, about 60 employees will take  appropriate training courses at the company's enterprises. The use of  modern Siemens technologies will make it possible to produce  electricity at low cost, the unit's efficiency will be 54.4%, and the  tariff from the new generation facility will become the lowest for  such facilities - 5.7 cents or 27.4 drams per 1 kWh. Under a 25-year  service agreement, Siemens will provide cost-effective and reliable  power generation throughout this period.

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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000