IT IS ENVISAGED TO REPAIR 110 KW-TENSION ELECTRIC NETWORK
OF KAJARAN
10-04-2007 19:00:00 | Armenia | Economy
YEREVAN, APRIL 10, NOYAN TAPAN. Electric Networks of
Armenia company intends to repair the 110 kw-tension electric
network of Kajaran, on which 3 billion drams (about 8.2 mln
USD) will be spent. The company director Evgeny Gladunchik said
on April 10 that a tender for company to do repairs has already
been announced. According to him, the necessary sum will be
provided at interest (annual interest rate of up to 5%) by the
Zangezur Copper and Molybdenum Complex, which in its turn will
receive this money from a German bank.
E. Gladunchik said that the implementation of the program
on repairs of 33 substations with tension of 110 kw with the 30
million-dollar credit of the Japanese government will start in
two years. However, it will be possible to repair only 12
substations due to fluctuation of foreign currency rates.
Within the framework of the same program, the work on
installation of 150 thousand multirate meters for vulnerale
groups of the population will be done within 7 years. It was
noted that only 10% of 900 thousand users in the country
currently have multirate meters.