Turkey silent on terms of power supplies from Armenia

TendersInfo
July 15, 2010 Thursday

Turkey silent on terms of power supplies from Armenia

Turkish side has not declared the new terms of start of power supply
from Armenia, but the negotiation process continues.

The agreement on the establishment of direct power supplies from
Armenia to Turkey was signed between Armenian Ministry of Energy and
Natural Resources, High-voltage power grids and Belgian UNIT importing
and distribution high voltage power in Turkey on 4 September 2008.

We had a contract with the Turkish companies under which the power
supplies will start with 1.5bn KW/H a year with the further increase.
Our potential has grown due to availability of new capacities.

By a preliminary agreement, Armenia will start supplies from 1.5bn
KW/Hs a year raising it to 3.5bn KW/Hs a year in the coming years. The
cost of power was expected to be $57 per 1,000 KW/Hs of power but the
final price will be corrected due to changes in price of gas and in
connection with the final terms of supplies.

From: A. Papazian

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