15 Sep, 2018
Czech Sumes GeoPower AG has announced plans to build a geothermal power plant of up to 50 MW at Karkar in Armenia.Reported locally, company Sumes GeoPower AG has announced plans to build a geothermal power plant in Armenia. The plants planned capacity will be from 30 to 50 MW.Since 2001, the program for the development of alternative energy sources in Armenia is implemented. The goal of the program is to reduce dependence on energy imports. One of the main points [...]
21 Aug, 2018
The Armenian government approved today an additional release of water from Lake Sevan for irrigation purposes. Energy Infrastructures and Natural Resources Minister Artur Grigoryan said instead of the previously planned 170 million cubic meters this year 210 million cubic meters will be pumped out from the lake.He said the proceeds, which the International Energy Corporation is expected to receive from generation of electricity by a cascade of hydropower plants built on Hrazdan River from additional release of water  will be [...]
13 Aug, 2018
A 45-day set of measures designed to upgrade the Yerevan Thermal Power Plant (second unit) has kicked off, the Ministry of Energy Infrastructures and Natural Resources of Armenia reported today.The ministry said in a press release that the modernization of the TPP, aimed at increasing its efficiency and reliability, will be carried out by the US-based General Electric. The cost of the modernization is 18.8 million euros.The modernization includes renovation of the gas turbine, and he MXL-2 air compressor. The [...]
11 Aug, 2018
Minister of Energy Reza Ardakanian said that a trilateral talk is underway between Iran, Armenia and Azerbaijan for exporting electricity to Russia. In this regard, a trilateral talk has started between "Iran and Armenia" and "Iran and Azerbaijan Republic" to export electricity to Russia, he reiterated. Turning to the connection of Iran's power grid to Europe, the energy minister said, "we follow up the issue of connection of Iran's power grid to Europe seriously, so that various scenarios have been considered in [...]
03 Aug, 2018
Nikol Pashinyan tasks to inventorize all suspicious and problematic obligations in the energy sectorArmenian Prime Minister Nikol Pashinyan has chaired a consultation on the prospects of development and ongoing projects of the energy system of Armenia."The energy system and its significance is hard to overestimate," he said."Basically energy is greatly transforming in the modern world and we must be able to clearly understand and evaluate our actions in these transformations and in its context, in order to comply our energy [...]
26 July, 2018
The students of Armath Engineering Laboratories will represent Armenia at the First Global Challenge - an annual international robotics olympics - in Mexico on August 16-18. Executive Director of the Union of Information Technology Enterprises (UITE) Karen Vardanyan, Ucom General Director Hayk Yesayan and head of IT and Automation Department at Ameriabank Shavarsh Voskanyan broke the news to the media on Thursday, July 26. According to Vardanyan, Armath students have accumulated excellent knowledge in the field of robotics and can [...]
26 July, 2018
Armenia is now working to extend its nuclear power plant's operation life, Armenian Prime Minister Nikol Pahsinyan said Wednesday in an interview with Echo of Moscow.  He said it is very important to Armenia to have atomic energy.  "Today we hope to extend the operation life of our nuclear power plant to 2040 and to try to build a new plant before that," he said.  Pashinyan expressed hope for Russia's support in the construction of a new nuclear plant stressing [...]
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