Development of mini hydro power plants is important for Armenia’s energy independenceMay 26, 2010 - 20:07 AMT PanARMENIAN.Net - Armenian Minister of Energy Armen Movsisyan said that the development of mini hydro power plants is of great importance to increase Armenia’s energy independence and to solve social issues. “The Ministry of Energy has always attached importance to resumed energy. The country’s opportunities have been studied. Thus, it was decided to focus on the policy of development of mini hydro power plants in the country. The government developed a program, under which favorable legal and economic conditions are created to attract investments to the field,” Movsisyan said during the fourth conference of the Union of Mini Hydro Power Plants. According to the Minister, there are over 70 mini hydro power plants, which secure around 4% of the entire electric power produced in the country that is a significant index. Movsisyan also noted that mini hydro power plants face many problems and the Union regularly informs the Ministry about them, which, in its turn, tries to solve them. Besides, the issues of legal regulation have been included in the governmental program of development and will be solved in the near future. 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 | Lemkin Institute petition seeks release of Armenians in Azerbaijan The Lemkin Institute is deeply concerned about the continued illegal detention of political prisoners from Karabakh in Azerbaijan. Armenian Catholicos calls for national unity against threats Karekin II issued a message on Republic Day marking the anniversary of the First Armenian Republic. Pashinyan: Armenia’s desired goal is “on the horizon” Prime Minister Nikol Pashinyan has said that Armenia is moving forward “without interruption”. Opposition leader, supporters spend night at Sardarapat memorial Police made nearly 300 arrests the day before as Galstanyan and his supporters continued to demonstrate in Yerevan. |