  Karen Karapetyan: ArmRosgazprom carries on investment policyJuly 9, 2009 - 14:32 AMT PanARMENIAN.Net - ArmRosgazprom carries on its investment policy despite the financial crisis. "The main task is construction of 5th generating unit and modernization of the Hrazdan thermal power plant. In total, a sum equivalent to $200 million will be invested," said Karen Karapetyan, director general of ArmRosgazprom. "With successful implementation of the project, the company will increase energy export volumes," he said, adding that due to fall in prices at the international market Hrazdan-5 administration's expenditures reduced by 8-9%.   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 |  Related sections Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
