General Electric to spend €19 mln on Yerevan TPP modernizationAugust 7, 2018 - 18:50 AMT PanARMENIAN.Net - General Electric will spend €18.8 million on a project designed to upgrade the Yerevan Thermal Power Plant, the Ministry of Energy Infrastructures and Natural Resources of Armenia said on Monday, August 6. According to the ministry, the modernization activities are aimed at increasing the efficiency and reliability of the plant. The modernization includes renovation of the gas turbine and he MXL-2 air compressor, and is expected to increase the plant's capacity by 7 MW to 227 MW from the current 220 MW, and the specific fuel consumption will decrease from 258.1 g / kWh to 252.8 g / kWh, the efficiency of the power unit will increase by 1%, and the useful generation of electricity by 59.5 million kWh. The Yerevan TPP was commissioned in 1965 and has not undergone major repairs since. It provides electricity to more than 1 million subscribers, generating 20% of the total electricity produced in the country. 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 | 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. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |