LATEST NEWS
17 June, 2018
 
Armenia's Minister of Energy Infrastructures and Natural Resources, Artur Grigoryan received Country Director of Asian Development Bank's Resident Mission in Armenia Shane Rosenthal on June 5, the press service of ministry reported. The projects in the energy sphere implemented by the bank's assistance and opportunities of future cooperation were discussed. Artur Grigoryan highlighted the comprehensive assistance of the ADB to Armenia for reform implementation and expressed confidence that gradually the existing relations in energy sector will deepen and new spheres for [...]
16 June, 2018
 
Tashir group of companies, owned by a Russia-based billionaire of Armenian origin Samvel Karapetyan, will invest $90 million in the modernization of Armenia's power distribution company Electric Networks of Armenia, Russian TASS news agency reported.Tashir acquired the utility from the Russian energy holding Inter RAO UES in September 2015 pledging to introduce international standards within five years and improve the management of the utility.The new owner also committed to reducing technological losses of the company by at least 2%."The investor [...]
11 June, 2018
 
Lydian Armenia company assesses the rumors that allegedly it plans to prepare a lawsuit against Armenia at London Court of International Arbitration demanding 2 billion USD from authorities as primitive misinformation, Vice President of the company Armen Stepanyan told ARMENPRESS. "That information does not correspond to the reality. It's just very primitive misinformation that has nothing to do with the reality", he said. According to the rumors "Lydian" wants to sue Armenia since the authorities are unable to ensure favorable conditions for operating, as a [...]
04 June, 2018
 
The Conference: The 11th International Conference on "Energy and Climate Change" will take place at the National and Kapodistrian University of Athens - NKUA on 10-12 October 2018, in Athens, Greece and is set under the auspices of the Black Sea Economic Cooperation Organization (BSEC). The Conference is divided into three (3) main parts. - The first is devoted to the 3rd "Green Energy Investments" Forum aiming to bring together policy and decision makers to explore opportunities for investment that promote the [...]
12 June, 2018
 
Tehran, June 12, IRNA - An Armenian delegation is due in Tehran next week for negotiations on new prices and an increase of Iran's gas exports to Armenia, according to a senior Iranian energy official. Behzad Babazadeh, the director of international affairs of National Iranian Gas Company (NIOC), said on Tuesday that Yerevan thermal power plant has requested for more Iranian gas. Noting that the contract between NIGC and Yerevan thermal power plant provides that the Iranian gas shall be exchanged with [...]
28 Feb, 2018
 
Mikayel Hovhannisyan, a member of YFoEE's food and agriculture working group, warns of the huge dangers posed by the Amulsar gold mine in Armenia, which he is campaigning against.Local groups in Armenia, including the Armenian Environmental Front, have been organising against a large gold mine project on the Amulsar mountain, in the South-East of the country near the Turkish border. The mine poses major health and environmental risks to the local communities and is owned by an offshore company based in [...]
30 May, 2018
 
Armenia has given its green light to the first large-scale solar power plant in the history of the country. The Government has issued the letter of award to a consortium of Fotowatio Renewable Venture B.V.(FRV) and FSL Solar of the Masrik-1 55 MW solar power plant, the first competitively-tendered Independent Power Project (IPP) in Armenia. The consortium led by FRV won the bid with the lowest tariff at $c4.19/kWh among five pre-qualified bidders. This project will offset about 1 million tons [...]
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