  Karabakh building $25M hydroelectric power plant in Martakert August 3, 2021 - 13:57 AMT PanARMENIAN.Net - $25 million will be invested into a large hydroelectric power plant set to be built in Martakert, Nagorno-Karabakh (Artsakh), President Arayik Harutyunyan said on Monday, August 2. Harutyunyan held consultations on energy security on Monday, to discuss how Artsakh lost most of its energy capacity in the war unleashed by Azerbaijan in fall 2020. According to him, now Karabakh is forced to import electricity, whereas prior to the war, the country was an energy exporter. "In the current situation, the recovery of Artsakh's economy largely depends on our energy capacity. Therefore, in order to restore energy self-sufficiency and stimulate economic development, we have decided to build a new large hydroelectric plant," Harutyunyan said. The HPP with a capacity of 17.6 MW will be built in the territory of Getavan community of Martakert region. The $ 25 million project will be launched through the Artsakh Investment Fund, but other investors will also get to join.   Top stories The EU does not intend to conduct military exercises with Armenia, Lead Spokesperson for EU Foreign Affairs and Security Policy Peter Stano says. A telephone conversation between Putin and Pashinyan before the CSTO summit is not planned, Peskov says. London’s Armenian community has been left feeling “under attack” after the city’s Genocide monument was vandalised. The United States believes there should be an international mission to provide transparency.   Partner news |  Latest news Turkey extends military presence in Azerbaijan  The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops.Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |
