  AMD 342 bln invested in Armenia's energy sector in 2008-2011  October 30, 2011 - 17:44 AMTPanARMENIAN.Net - In 2008-2011, around AMD 342 bln was invested in Armenia's energy sector for infrastructure programs, according to Armenian Minister of Energy and Natural Resources. At Republican Party of Armenia (RPA)-hosted economic conference, Armen Movsisyan noted construction of the 5th power unit at Hrazdan thermal power plant, a new steam- to -gas unit at Yerevan heat station, development of hydropower stations, Iran-Armenia powerline construction program and development of atomic power engineering among crucial projects. According to the Minister, in Jan-Sept 2011, energy production volume in Armenia grew by 11% against 2010; energy export rate increased by 32% while internal consumption rose by 6%.  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 |  Latest news U.S. welcomes Armenia, Azerbaijan’s border delimitation announcement  Blinken said it is an important step towards concluding a durable and dignified peace agreement.Residents Of border villages protest as Armenia, Azerbaijan agree on delimitation Residents of several Armenian communities in the northeastern Tavush province began protests late on Friday.European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24PACE 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. |
