 National Assembly approves $4 mln Yerevan street lighting loan deal October 6, 2015 - 17:36 AMT PanARMENIAN.Net - Yerevan deputy mayor Kamo Areyan introduced Monday, October 5, the city's street lighting loan program to the National Assembly, with the European Bank for Reconstruction and Development (EBRD) set to provide a $4 million loan. The Eastern Europe Energy Efficiency and Environment Partnership ($2 million) and EBRD will fund the project with a $7 million capital cost. The project envisages energy-efficient street lighting, with energy-saving lamps and automatic control system set to be installed on 28 streets in Yerevan. The National Assembly ratified the loan agreement on Yerevan street lighting project between Armenia and the EBRD, signed on May 11. The loan has a maturity of 10 years and a 3-year grace period.  Top stories As a result of floods in Armenia’s northern Lori and Tavush provinces, 17 bridges, including five large ones, have collapsed. David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Prime Minister Nikol Pashinyan has met with Stephan Schütz, Executive Partner at Gerkan, Marg and Partners. The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said.   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.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
