Building Electric Main between Armenia and Georgia to Start in NovemberSeptember 26, 2006 - 18:21 AMT PanARMENIAN.Net - The building of 600-kV electric main, which will link energy systems of Georgia and Armenia, will start in late November and will finish in 2-3 years. According to Deputy Minister of Energy of Georgia Archil Nikolaishvili, the overall cost of the project is $50 million, however Georgia will allocate only half of that sum. The second half will be covered by Armenia. The project aims at enhancing energy security of the country, reports Gruzia Online. 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 | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |