Hrazdan Power Company nominal stocks to be traded at NASDAQ OMX ArmeniaMay 20, 2011 - 14:34 AMT PanARMENIAN.Net - Starting from May 20, 2011, common nominal stocks of Hrazdan Power Company open joint stock company (HRPC) are allowed to trading at NASDAQ OMX Armenia free C market. A total of 1,597,430 stocks with nominal value of AMD 10,000 were admitted, the press service of NASDAQ OMX Armenia reported. HrazTES is one of four energy companies in Armenia, producing more than 80% of the country’s power supply. The gross output capacity of the plant is 1,110 MW, while functioning output capacity is 760 MW. Within the internal market of Armenia HrazTES has the status of a balancing station, generating electricity for internal consumption only in times of deficit in the Armenian energy system. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |