ArmRosGazprom and HPCC-3 (China) sign contract for 5th Hrazdan Unit

ArmRosGazprom and HPCC-3 (China) sign contract for reconstruction of
the 5th unit of Hrazdan TPP

2008-10-03 18:07:00

ArmInfo. ArmRosGazprom CJSC and HPCC-3 (China) have signed a contract
for reconstruction of the 5th unit of Hrazdan TPP (Hrazdan-5).

After the singing Director of Hrazdan-5 Karen Sargsyan said that the
Chinese company would carry out 80% of the construction and
installation work. The project is to be completed in two years. HPCC-3
has undertaken to install gas turbine, to reconstruct boiler, steam
generator and electric part of the unit. Sargsyan refused to specify
the cost of the contract. He said that the preliminary cost of the
project was $170mln but that sum might be changed after final
calculations. The start-up work at the unit will, be completed by mid
2010. ArmRosGazprom has cooperated with HPCC-3 since 2001 when the
Chinese successfully mounted the boiler of the 5th unit of Hrazdan TPP.

The representative of HPCC-3 said that his company had carried out
similar work in Russia, Belarus and Turkey.

To remind, when buying the 5th unit of Hrazdan TPP ArmRosGazprom
undertook to complete its construction and modernization. The company
is planning to enhance the capacity of the unit from 300MW to 440MW by
installing a new gas turbine and combining gas turbine and steam
turbine technologies.