Gas turbine power plant to be constructed in Armenia
A 540 MW-capacity gas turbine power plant will be constructed in Armenia, Armenian Minister of Energy and Natural Resources Yervand Zakharyan said at the cabinet meeting on Thursday.
About $600 million has to be invested in the project. Anaklia IEP Holding is to deal with the construction work. Mr Zakharyan noted that the company expressed willingness to fund the construction and at the same time, it expects assistance from Armenian government in a number of issues.
The Minister added that the construction of the gas turbine power plant will ensure security of Armenia’s energy system as well as will expand the country’s ability to export electricity.