CJSC INTERNATIONAL ENERGY CORPORATION OF ARMENIA TO
COMPLETE MODERNIZATION OF KHRAMIGES-1 IN GEORGIA IN JUNE 2005
YEREVAN, APRIL 18. ARMINFO. The CJSC International Energy Corporation
of Armenia (IEC) will complete modernization of Khramigas-1 in Georgia
in June 2005, Deputy Director General of IEC Mels Hakobyan informs
ARMINFO today.
He says that project of modernization of the hydro power plant was
to be completed three months ago, but it was postponed in connection
with the acute energy crisis in Georgia and impossibility to suspend
the HPP. Factually, the deputy director general says, from Dec
2004 to Mar 2005 KhramiGES-1 (KhramiHPP- 1) continued generating
electricity. Meanwhile, IEC started implementation of the project yet
in October 2004. He notes that in September 2004 IEC won a contest
for reconstruction of the plant. The total cost of the project, which
was to be completed within 6 months in conformity with the demands
set, is estimated at $5 mln. Some 20 companies from Armenia, Georgia
and Europe, the winners of the international tender, participate in
modernization of KhramiGES- 1.
CJSC IEC was founded in May 2003 by RJSC UES of Russia holding
for exploitation of Sevan-Hrazdan Cascade of HPPs. The company is
licensed by the Armenian Commission for Public Service to produce
electricity for 15 years and to export it. Sevan-Hrazdan Cascade of
Sevan, Hrazdan, Argelan, Arzni, Kanakaer, Yerevan HPPs is the main
producer of electricity in Armenia. Its capacity is 556 megawatt, which
is some 18% of the total capacity of the power engineering in Armenia.