National Assembly approves $4 mln Yerevan street lighting loan dealOctober 6, 2015 - 17:36 AMT PanARMENIAN.Net - Yerevan deputy mayor Kamo Areyan introduced Monday, October 5, the city's street lighting loan program to the National Assembly, with the European Bank for Reconstruction and Development (EBRD) set to provide a $4 million loan. The Eastern Europe Energy Efficiency and Environment Partnership ($2 million) and EBRD will fund the project with a $7 million capital cost. The project envisages energy-efficient street lighting, with energy-saving lamps and automatic control system set to be installed on 28 streets in Yerevan. The National Assembly ratified the loan agreement on Yerevan street lighting project between Armenia and the EBRD, signed on May 11. The loan has a maturity of 10 years and a 3-year grace period. Top stories The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said. From September 21 to November 11, a total of 2,820 Russians registered at a place of residence in Armenia, the police has said. The situation on the contact line between Karabakh and Azerbaijan was relatively stable overnight, the Defense Army says. Defense Minister Suren Papikyan has visited the southern Armenian province of Syunik, the Defense Ministry reported on March 18. Partner news | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |