Armenia is developing a feasibility study, document on the impact on environment, RA Deputy Minister of Energy and Natural Resources Areg Galstyan said.
“We will complete the feasibility study in several months and proceed to preparation of a tender package to attract investors for implementation of this grand project,” he said.
During its October 27 session, the government approved the bill on construction of new power-generating unit. The bill envisages construction of a 1,2 megawatt power unit with a 60-year exploitation term. The project is supposed to cost $4-5 billion.
“The peculiarity of the project is that it will enable best technologies known in the world. Research is carried out by Warly Parsons American-Australian company which won the tender as a managing enterprise,” he said.
