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 | Russia clarifying reports on Baku’s alleged arms supply to Ukraine Russia says is carefully working to verify reports about alleged arms supplies from Azerbaijan to Ukraine Russia warns Armenia against “falling into West’s trap” Zakharova maintained, however, that anything that will benefit the people of Armenia can only be welcomed. CSTO: Armenia has not participated in secretariat’s work recently Recently Armenia has not participated in the work of the secretariat of the CSTO, Imangali Tasmagambetov said. Meeting with U.S., EU not against third parties, says Armenia The meeting scheduled for April 5 is dedicated to strengthening of the Armenia-EU-US cooperation, Yerevan added. |