Thursday, May 8 2025 17:52
Alexandr Avanesov

"Electric Networks of Armenia" to modernize power supply network in  center of Yerevan

"Electric Networks of Armenia" to modernize power supply network in  center of Yerevan

ArmInfo.  "Electric Networks of Armenia" CJSC is currently carrying out an investment program to upgrade the power supply network in the center of Yerevan.

As reported by the company's press service, this project will be  completed in 2025.  The program will cover a total of  111 streets in the capital, with plans to lay 123 km of cable, spanning a length of 83.5 km.

The project is being funded solely by the company, without financial assistance from the municipality or any other state institution. While safety measures have been put in place at all construction sites for pedestrians and transport, it is quite understandable that residents and guests of the capital may experience temporary inconvenience. Once the project is completed, the company will restore all streets to their original look, including the repair of all asphalt and/or tiled areas. 

POST A COMMENT
Input digits     


News
AraratBank: Special Rate for SWIFT Transfers up to EUR 20,000AraratBank: Special Rate for SWIFT Transfers up to EUR 20,000
Team Telecom Armenia, Team Systems under one roof: new Team Place  smart solutions center  openedTeam Telecom Armenia, Team Systems under one roof: new Team Place  smart solutions center  opened
Armenian Parliament discussing  nationalization of Electric Networks  of Armenia CJSCArmenian Parliament discussing  nationalization of Electric Networks  of Armenia CJSC
Armenia values development of  cooperation with Denmark in  high  technology and renewable energyArmenia values development of  cooperation with Denmark in  high  technology and renewable energy
ArmSwissBank: First in Armenia to Publish a Climate Transition PlanArmSwissBank: First in Armenia to Publish a Climate Transition Plan
Ucom Launches 5G Network in Abovyan and EjmiatsinUcom Launches 5G Network in Abovyan and Ejmiatsin
Armenia`s government to be entitled to approve new vehicle purchase support programmesArmenia`s government to be entitled to approve new vehicle purchase support programmes
WB appoints Fabrizio Zarcone as its new Country Manager for ArmeniaWB appoints Fabrizio Zarcone as its new Country Manager for Armenia
Armenia`s government violating Constitution and laws by trying to expropriate ENA - lawyer Armenia`s government violating Constitution and laws by trying to expropriate ENA - lawyer 
Armenian president holds bilateral meetings in Spain Armenian president holds bilateral meetings in Spain 
RA Tourism Committee, South Caucasus Railway combine efforts to develop tourism RA Tourism Committee, South Caucasus Railway combine efforts to develop tourism 
Populism being institutionalized in Armenia - ex-official Populism being institutionalized in Armenia - ex-official 
Samvel Karapetyan`s family starts investment dispute with Armenia Samvel Karapetyan`s family starts investment dispute with Armenia 
RA Minister of Economy  discussed  Armenian cargo carriers` situation  with his Georgian counterpartRA Minister of Economy  discussed  Armenian cargo carriers` situation  with his Georgian counterpart
Expert: Armenian businesses  face obstacles  to growth due to  unfavorable conditions Expert: Armenian businesses  face obstacles  to growth due to  unfavorable conditions 
Export growth has been minimal in recent years: Luys FoundationExport growth has been minimal in recent years: Luys Foundation
Economy Ministe: Armenia  determined to realize its agricultural potential despite numerous challengesEconomy Ministe: Armenia  determined to realize its agricultural potential despite numerous challenges
Economist: Women in Armenia are more productive in business, but  their involvement remains lowEconomist: Women in Armenia are more productive in business, but  their involvement remains low
Customer Appreciation Day at IDBankCustomer Appreciation Day at IDBank
ENA Acting CEO dismisses the idea of reducing tariffs under the new manager as a mythENA Acting CEO dismisses the idea of reducing tariffs under the new manager as a myth
ENA to defend its rights within law - statement ENA to defend its rights within law - statement 
AraratBank Joins BAFT AssociationAraratBank Joins BAFT Association
No romanticism, businesses soberer now - Tigran Jrbashyan No romanticism, businesses soberer now - Tigran Jrbashyan 
More than 2/3 of Armenian entrepreneurs do business in the extractive sector and consumer servicesMore than 2/3 of Armenian entrepreneurs do business in the extractive sector and consumer services
Minister: 69 trucks with Armenian cognac heading to Russian borderMinister: 69 trucks with Armenian cognac heading to Russian border
Economy Minster  discussed upcoming tasks with  WB Country Office HeadEconomy Minster  discussed upcoming tasks with  WB Country Office Head
Papoyan: On June 27, 94 trucks carrying Armenian apricots entered Russia for exportPapoyan: On June 27, 94 trucks carrying Armenian apricots entered Russia for export
In Armenian interbank foreign exchange market, dollar transactions decreased, while ruble transactions increased June 23 to June 27, 2025In Armenian interbank foreign exchange market, dollar transactions decreased, while ruble transactions increased June 23 to June 27, 2025
Armenia, Turkey discuss opportunities for energy cooperationArmenia, Turkey discuss opportunities for energy cooperation
Overchuk: It is impossible for Armenia to be a member of both  Eurasian Economic Union and EU at the same timeOverchuk: It is impossible for Armenia to be a member of both  Eurasian Economic Union and EU at the same time
Prime Minister participates in  Supreme Eurasian Economic Council  regular meetingPrime Minister participates in  Supreme Eurasian Economic Council  regular meeting
Over AMD 12 Billion Provided by AraratBank in 2024 to Support the MSME SectorOver AMD 12 Billion Provided by AraratBank in 2024 to Support the MSME Sector
ENA nationalization bill classic indirect expropriation - expert ENA nationalization bill classic indirect expropriation - expert 
Armenia`s authorities to nationalize ENA by amending two laws Armenia`s authorities to nationalize ENA by amending two laws 
60-70 percent of word under CEPA roadmap done - Ministry of Economy60-70 percent of word under CEPA roadmap done - Ministry of Economy
Even small states with ambitions and technological maturity can play  a significant role in the global technological ecosystem: PashinyanEven small states with ambitions and technological maturity can play  a significant role in the global technological ecosystem: Pashinyan
Under  EAEU-  UAE Economic Partnership Agreement, 95% of Armenia`s  current exports to Emirates will receive preferential coverage Under  EAEU-  UAE Economic Partnership Agreement, 95% of Armenia`s  current exports to Emirates will receive preferential coverage 
Economy Minister: In the near future, several dozen more cars will  leave Gezi as part of the agreement with TbilisiEconomy Minister: In the near future, several dozen more cars will  leave Gezi as part of the agreement with Tbilisi
World Bank to provide Armenia with $1.5 million grant for Nairit  plant dismantling and land reclamationWorld Bank to provide Armenia with $1.5 million grant for Nairit  plant dismantling and land reclamation
Economy Minister on ENA nationalization: This is not an attempt by the state to take over private businessEconomy Minister on ENA nationalization: This is not an attempt by the state to take over private business
Concessions provided to Yerevan by Ulaanbaatar to cover 98% of exports from Armenia to MongoliaConcessions provided to Yerevan by Ulaanbaatar to cover 98% of exports from Armenia to Mongolia
Armenian NA to consider nationalization of ENA on July 1 Armenian NA to consider nationalization of ENA on July 1 
Armenia to extend ban on export of several agricultural products for another 6 monthsArmenia to extend ban on export of several agricultural products for another 6 months
Caroline Geginat concludes her mission in ArmeniaCaroline Geginat concludes her mission in Armenia
Armenia to receive loan and grant funds from KfW for expansion of renewables and energy efficiencyArmenia to receive loan and grant funds from KfW for expansion of renewables and energy efficiency
Changes in government`s medium-term expenditure program are merely simple reaction to uncontrollable events - Luys FoundationChanges in government`s medium-term expenditure program are merely simple reaction to uncontrollable events - Luys Foundation
IDBank Representative Joins the Editorial Board of Trade Finance GlobalIDBank Representative Joins the Editorial Board of Trade Finance Global
Armenia`s initiatives using AI presented in China Armenia`s initiatives using AI presented in China 
Armenian premier on management of nuclear capacities Armenian premier on management of nuclear capacities 
Armenia`s economic indicators `rather good` - premier Armenia`s economic indicators `rather good` - premier 
Some professional activities to become taxable from July 1, 2025Some professional activities to become taxable from July 1, 2025
Armenia`s premier attends opening ceremony of Armenia`s premier attends opening ceremony of "Homplex Mall"  construction materials center
How to Protect Your Bank Card DataHow to Protect Your Bank Card Data
Reduction in Armenia`s industry, index of prices for industrial  products shows slower rise Reduction in Armenia`s industry, index of prices for industrial  products shows slower rise 
Economic activity growth slows down, foreign trade in decline in Armenia Economic activity growth slows down, foreign trade in decline in Armenia 
RA Embassy: due to regional situation, Wizz Air has cancels flights to Yerevan until June 30RA Embassy: due to regional situation, Wizz Air has cancels flights to Yerevan until June 30
Armenia`s economy minister on results of talks with Georgian side Armenia`s economy minister on results of talks with Georgian side 
FlyOne Armenia acquired Airbus A321, enhancing its presence in aviation marketFlyOne Armenia acquired Airbus A321, enhancing its presence in aviation market
Maxim Evdokimov: We have not yet come to a  consensus on implementing  a fair roaming rateMaxim Evdokimov: We have not yet come to a  consensus on implementing  a fair roaming rate
Pashinyan discusses  Armenian Export Strategy 2025-2030   Pashinyan discusses  Armenian Export Strategy 2025-2030   
Read more
Exchange rates
01.07.2025
RUB4.910.01
USD385.320.85
EUR455.064.23
GBP530.703.90
CAD283.221.93
JPY26.950.28
CNY53.800.13
CHF488.555.98


Experts
EAEU has proved its efficiency over last 10 years - EEC minister EAEU has proved its efficiency over last 10 years - EEC minister 
Suren Parsyan calls the downwardly revised forecast of the World Bank  and IMF for Armenia`s GDP growth <optimistic>Suren Parsyan calls the downwardly revised forecast of the World Bank  and IMF for Armenia`s GDP growth
Universal Income Declaration: what happened has little in common with  what was intended - David AnanyanUniversal Income Declaration: what happened has little in common with  what was intended - David Ananyan
Read more

Commented
China preparing to open new chapter of  One Belt, One Road initiative  with involvement of Armenia - diplomat China preparing to open new chapter of  One Belt, One Road initiative  with involvement of Armenia - diplomat 
The Merger between The Merger between "Ardshinbank" CJSC and "Ardshininvestbank" CJSC Has Been Completed
Ticket packets 1.2% of total number of transport tickets in Yerevan Ticket packets 1.2% of total number of transport tickets in Yerevan 
Armenia`s minister of labor meets with U.S. public figures at U.S.  presidential residence Armenia`s minister of labor meets with U.S. public figures at U.S.  presidential residence 
Armenian fish industry gains access to European marketArmenian fish industry gains access to European market

Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2