ArmInfo. The World Bank loan funds will be used to support the program for the implementation of universal health care in Armenia. The draft law of the Republic of Armenia between the Republic of Armenia and the International Bank for Reconstruction and Development> (IBRD) was approved by the Government of Armenia on September 12.
As stated in the supporting document, the loan agreement for $40 million was signed between the Republic of Armenia and the IBRD on August 8 and 6, 2024, in the amount of $40 million. Within the framework of the agreement, it is planned to reconstruct the substations 220/110/10 kV, 220/110/10 kV and 220/110/35 kV.
It is noted that the substation 220/110/10 kV was built in 1964. The installed capacity of the substation is 250 MVA. The substation with an operating voltage of 220/110/10 kV was built in 1978. The installed capacity of the substation is 375 MVA. The substation 220/110/35 kV was built in 1966. The installed capacity of the substation is 126 MVA. Most of the substation equipment has been in operation for over 40 years. The relay protection and automation equipment used is not only outdated and worn out, but also lacks the properties inherent in modern microprocessor technology. The reinforced concrete structures of the substations have become unusable during their operation for more than 40 years, and the cable trenches, being in extremely poor condition, do not provide waterproofing of the cables, which in turn leads to the destruction of the insulation layer of the cables and the occurrence of accidents. The said substations are of crucial importance in terms of ensuring safe and reliable power supply to the general energy system of the Republic of Armenia.
The objectives of the reconstruction of substations are: - re-equipment, modernization of the energy infrastructure and implementation of works on equipping with advanced technologies, - reduction of the number of emergency shutdowns due to equipment failure and the duration of emergency response, increase in the reliability and stability of the power system.
Re-equipment and modernization of substations will help to reduce the accident rate of the electric power system, increase the reliability of power supply, and reduce the costs of operation and maintenance of substations.
The objectives of the reconstruction of substations are: - re-equipment, modernization of the energy infrastructure and implementation of works on equipping with advanced technologies, - reduction of the number of emergency shutdowns due to equipment failure and the duration of emergency response, increase in the reliability and stability of the power system.
Re-equipment and modernization of substations will help to reduce the accident rate of the electric power system, increase the reliability of power supply, and reduce the costs of operation and maintenance of substations.
The project aims to facilitate the integration of an estimated 1.1 GW of renewable generation capacity into the transmission grid by 2032, which is enough to supply electricity to more than 690,000 households. This will reduce annual net greenhouse gas emissions by 540,000 tonnes. In addition, the program plans to attract private investment totaling $550 million, upgrade all transmission substations with automated control systems and digital protection, and increase the total substation capacity from 2,711 megavolt- amperes (MVA) to 3,109 MVA. These efforts are part of a comprehensive strategy to scale up renewable energy, minimize environmental impacts, and modernize the grid to improve efficiency and reliability. The project is part of the World Bank's Scaling Up Renewables in Europe and Central Asia Program. The program, with a total financing volume of $2 billion, was approved by the World Bank's Board of Executive Directors on 28 March 2024.
