Monday, January 18 2021 19:08

ArmInfo. In the fall of 2021, it will be possible to fully use the new unit of the Yerevan  TPP with a capacity of 250 MW. This was stated by the CEO of the  Italian company "Renko" Giovanni Roubini during a meeting with Deputy  Prime Minister Tigran Avinyan.

According to the press service of the government, the head of the  company presented the progress of work, noting that, despite some  delays, related to Covid-19, however, the pace of construction of the  unit is encouraging. The CEO thanked the government for supporting  this project.

In turn, Tigran Avinyan described the construction of the power plant  as a successful project, and the problems caused by the epidemic, as  the Deputy Prime Minister emphasized, can be completely solved within  the framework of existing opportunities. The Deputy Prime Minister  expressed the readiness of the RA government to continue cooperation,  at the same time expressing satisfaction with the work done.

The parties agreed to continue discussing further plans, including  new investment opportunities and prospects, as well as the visit of a  large group of Italian businessmen to Armenia.

To recall, on November 13, 2019, an agreement was signed in Yerevan  on the construction of a new heating unit with a combined gas cycle  to be built on the territory adjacent to the Yerevan TPP.   Construction work will take 25 months. 1200 people will be involved  in the project implementation process, another 230-250 people will be  provided with permanent work and high wages during the operation of  the unit. As a result of intensive two-month negotiations with Renko  company, it was possible to reach an agreement on the electricity  tariff - it will amount to 5.7 cents per 1 kW / h instead of the  previously agreed tariff of 6.02 cents. Thus, the cost of the future  generation facility will become the lowest among similar units  operating in Armenia and will amount to 27.4 AMD per 1 kW / h of  electricity. For example, the tariff from the fifth unit of the  Hrazdan TPP is 31.5 drams, and from the current unit at the Yerevan  TPP- 29.4 AMD. Thus, $ 6.4 million will be saved monthly. The best  efficient technologies will be used during construction, and the  efficiency will be 53%, while this indicator of the fifth unit of the  Hrazdan TPP is 44%, and the Yerevan TPP - 49%. The total investment  will amount to $ 250 million