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  1. U.S.-based ContourGlobal completes deal for Armenia's 405-MW Vorotan hydropower project

    New York-base CountourGlobal has finalized a $US180 million deal to acquire Armenia's 405-MW Vorotan hydroelectric plant, ending more than year of deliberations with the Armenian government. CountourGlobal signed an agreement with the Armenian government to purchase the project last January, though the deal was reportedly stymied by the Russian companies that own a large portion of the country's other generating assets. The Vorotan project is a cascade of three plants on the Vorotan River in southern Armenia that accounts for about 15% of the country's total installed capacity. Per the agreement, the three plants will be owned and operated by ContourGlobal subsidiary ContourGlobal Hydro Cascade. The company said in 2014 it will invest $70 million over the next six years in a refurbishment and modernization program that will "create 150 near-term jobs in addition to the 150 long-term technicians employed at the plants". Armenia 's Public Services Regulatory Commission has approved a tariff plan for Vorotan's operation that will extend for 25 years. For more news from Europe, visit here .

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    Wed, 10 Jun 2015

  2. Armenia names consultants for hydro, renewables program

    The government of Armenia has named Armenian consultants to participate in hydropower and other renewable energy development under a World Bank-funded renewable energy program.

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    Wed, 5 Nov 2008

  3. Armenia seeks finance consultants for renewables, 60-MW Loriberd

    The government of Armenia invites expressions of interest from consultants to recommend financing options for development of renewable energy projects in Armenia , including the 60-MW Loriberd hydroelectric project.

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    Tue, 10 Aug 2010

  4. Armenia , Iran agree to terms for new run-of-river hydropower projects

    An agreement signed this week at the Armenian National Assembly will allow for the construction of two new hydropower projects along the Aras River on the Armenia /Iran border, HydroWorld.com has learned.

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    Wed, 6 Feb 2013

  1. Consultants recruited to advance 60-MW Loriberd in Armenia

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    Tue, 22 Jun 2010

  2. Consultants invited to plan Armenia renewable energy, including hydro

    The government of Armenia invites expressions of interest from consultants to develop a "roadmap" for Armenian renewable energy development until 2020.

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    Thu, 29 Apr 2010

  3. Armenia seeks feasibility study of 70-MW Shnogh

    The government of Armenia invites expressions of interest from consultants to perform a feasibility study of the 70-MW Shnogh hydroelectric project.

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    Mon, 28 Jan 2008

  4. Armenia seeks design, supervision of seven reservoirs

    The government of Armenia invites expressions of interest from consultants to design and supervise construction of seven irrigation reservoirs.

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    Fri, 2 Nov 2007

  5. Bank seeks Armenia system stability due to new small hydro

    The World Bank invites expressions of interest from consultants to develop reliability indicators for the Armenia power system as a result of growth in small hydropower projects in the country.

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    Wed, 1 Jun 2011

  6. Armenia to seek small hydro development, rehab

    The government of Armenia is inviting inquiries from prospective bidders to participate in small hydropower development and hydro rehabilitation under a World Bank-funded renewable energy program.

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    Mon, 10 Jul 2006

  7. Armenia firms to refurbish Marmarik Dam

    The government of Armenia has awarded an US$11.4 million contract to three Armenian firms to rehabilitate structures and install safety equipment at Marmarik Dam on Armenia's Marmarik River.

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    Tue, 10 Oct 2006

  8. Armenia seeks bids to refurbish Kechut Dam

    The government of Armenia seeks bids by August 25 for rehabilitation of Kechut Dam, construction of a new spillway, and installation of dam safety measures.

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    Wed, 19 Jul 2006

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