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    Emil Lazarian
  • 6 years ago
    • Categories: 2020

Government gives privilege to investment program on building solar power station in Armavir province

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 12:12, 9 July, 2020

YEREVAN, JULY 9, ARMENPRESS. The Armenian government approved the application by SUNENERGY LLC, enabling the company to use the privilege of exempting imported technological equipment, their components and raw materials from the customs duty within the frames of the investment program.

The products imported by the company will be used for constructing a solar power station in Armavir province.

Nearly 1 billion 77 billion drams will be invested for the project.

It is expected to create 5 permanent and 50 temporary jobs with 110,000 AMD average salary on the sidelines of the project.

The annual electricity production volume will comprise nearly 126 million drams.

The cost of the products to be imported comprises 115.3 million drams. The privilege on exempting from the customs duty is 8 million drams.

Editing and Translating by Aneta Harutyunyan

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS