  KfW crediting to speed up construction of small hydropower stations in ArmeniaMay 26, 2010 - 21:27 AMT PanARMENIAN.Net - Currently, there are 142 licensed small hydropower stations in Armenia, including 70 still undergoing construction, RA Small Hydropower Stations Union chairman Naira Nahapetyan said. As she stated at 4t Union conference, KfW crediting will allow speeding up construction of small hydropower stations in Armenia. CBA Deputy President Vache Gabrielyan, in turn, expressed hope that KfW –provided Euro 18 million crediting will promote development and modernization of small hydropower stations. As he noted, in July 2010 CBA will announce competition for Assistance to Renewable Energy project partnership among Armenian banks. Currently 6 Armenian banks are actively financing construction of small hydropower stations.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
