  ArmSEFF to assist 12 companies operating in various sectors of economyMay 3, 2011 - 14:26 AMT PanARMENIAN.Net - International Energy Expert Myroslav Buryy said that the Armenian Sustainable Energy Financing Facility (ArmSEFF), which started its activity half a year ago, studies the possibility of financing 12 Armenian companies operating in various sectors of economy. “Energy audit was conducted at six enterprises, during which free of charge technical assistance was provided. Besides, preliminary analysis is carried out in the rest companies,” Buryy told a PanARMENIAN.Net reporter. According to him, there are great opportunities for energy saving in the food industry, field of services, processing industry, small hydro power plants, biogas projects and private hospitals. Anelik Bank is the first Armenian bank, with which the European Bank for Reconstruction and Development (EBRD) has launched the Armenian Sustainable Energy Financing Facility (ArmSEFF) to help Armenia develop competitive private businesses. $3mln was allocated to the bank for on-lending the energy saving field. $20mln will be allocated within ArmSEFF, while $5mln will be provided for the renewable energy sector. Buryy added that another 2-3 Armenian banks will become partners of ArmSEFF in 2011.   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 Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
