American company invests AMD 5.5 bln in modernization of Vorotan HPP  cascade

ArmInfo. In 2024-2026, the American company Contour Global Hydro Cascade will invest AMD 5.527  bln in the modernization of the Vorotan HPP cascade in Armenia. The Public Services Regulatory Commission (PSRC) approved the company's investment program at a meeting on September 25th.

 In particular, according to the program, a total of AMD 353.9 mln  will be allocated for collecting data on the structure of hydraulic  engineering and the dam (rampart), as well as drawing up design  documentation for their restoration. The costs of creating design  documentation and reconstructing the daily regulation pool at the  Tatev hydroelectric power station will total AMD 1.236 bln. Of this  amount, AMD 504 mln will be used for environmental protection and  improving technical safety functions, while AMD 1.649 bln will go  towards replacing the power transformer at the Shamb hydroelectric  power station. An additional AMD 870.1 mln will be needed the  implementing a differential protection system, automating the valve  mechanisms for the daily regulation pool and 4 pools, as well as  their remote control. Furthermore, AMD 921 mln will be invested in  other areas related to organizing the operation of the hydroelectric  power station.