$ 1.5 BLN. ARE TO BE INVESTED IN THE POWER FIELD

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$ 1.5 BLN. ARE TO BE INVESTED IN THE POWER FIELD

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Project on Armenia energy system development has been elaborated in the Ministry of Power Resources. Investment on about $1.5 bln. is forseen to be made in the Power field till 2020. Power producing and distributing stations are suggested to be privatized. The high voltage nets and the Nuclear Power Station will keep remaining in the State property.

What is for the distributing nets, the project on passing nets' for licenced ruling is functioning. The Power Resources Vice-Minister Areg Galstyan says that everything possible will be done to finish the nets' passing for licenced ruling process succesfully. The process on uniting 4 nets in 1 enterprise is being carried out already.

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