The funding will support the large-scale modernization of the power distribution network in Armenia. The Asian Development Bank (ADB) is co-financing this project with a USD 35 million loan.
The loan aims to strengthen ENA’s distribution infrastructure, with a focus on the regions as well as the country’s two largest cities, Yerevan and Gyumri, both of which are part of the EBRD Green Cities program.
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Direct link to this article: https://www.armenianclub.com/2021/09/16/ebrd-lends-support-to-electric-networks-of-armenia/