Agreement On Construction Of Thermoelectric Power Plant

AGREEMENT ON CONSTRUCTION OF THERMOELECTRIC POWER PLANT WITH USE OF BIOGAS TO BE SIGNED IN YEREVAN BY THE END OF 2005

Wednesday, February 16, 2005 : ARMINFO

YEREVAN, 22.01.05. A Japanese company Shimizu will sign an agreement
on construction of a 1.5 megawatt thermoelectric power plant with use
of biogas in Yerevan by the end of 2005,> Nature Protection Minister
of Armenia Vardan Ayvazyan told ARMINFO, Friday.

He said that TPP would be built in the territory of Nubarashen dump on
the funds of the Japanese party. The project will cost $4.5 mln. The
Japanese State New Energy and Industrial Technology Organization
will finance the construction of bio-TPP. Tariff for the electricity
received due to use of biogas (marsh-gas) is established at 8 cents
for 1 kW/h by the Commission for Regulation of Public Services Sphere.

The minister thinks that besides production of electricity, the
construction of the plant will contribute to solution to ecological
problems in the capital. This project is favorable for Armenia and
the given technologies have already been successfully used in Japan,
the minister says.

Nubarashen dump in the outskirts of Yerevan started forming in 60s and
some 800-900 cubic meters of garbage are daily accumulated there. The
dump occupies some 60 ha.

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