// IP Marketing video - START// IP Marketing video - END

Deliveries of Armenian electricity to Georgia on the rise

Deliveries of Armenian electricity to Georgia on the rise

PanARMENIAN.Net - Export of Armenian electricity to Georgia was activated in the first quarter of 2017, with 75.8 million kWh of electricity shipped to the Georgian market in the reporting period.

An agreement signed between Energoimpex LLC and Global Energy International Ltd. on implementing energy swaps between Armenia and Georgia helped optimize energy production and consumption modes in Armenia, the ministry of energy infrastructure and natural resources said in a statement.

As a result, 25.4 million kWh of electricity was exported to Georgia in February, and 50.8 million kWh in March. 40 million kWh of energy is expected to be shipped from Armenia to the neighboring country in April.

No deliveries have been implemented in the same period last year.

Also, production of electricity increased by about 9.3% in Q3 of 2017, with 10% more electricity consumed in Armenia's domestic market against the same period in 2016.

 Top stories
Mountea, an Armenian company producing tea from the mountain herbs has begun to export its products to Russia.
20,149 optical-mechanical devices were manufactured in the reporting period against the 3,388 produced in the same period last year.
Yandex and Uber said they will join forces in the six countries to create a new company operating in some 127 cities.
“A more efficient and reliable energy distribution network is important for economic growth in Armenia”, - said Sonali Tang.
Partner news