According to the Bank's wesbite the project will fund the development of a study by IFC and in cooperation with the International Power Corporation of Armenia on prioritizing the options for rehabilitating the Sevan-Hrazdan hydropower (HPP) cascade and increasing generation output.
By analyzing several alternatives aimed at reducing losses and increasing generation, IFC would help the client define the best option to improve operational performance of the Sevan-Hrazdan hydropower plants in line with the best international practice.
Based on the results of the study, IFC could consider an investment in the rehabilitation of the cascade as an important source of low cost, reliable and low carbon energy for Armenia.
PROJECT CONTACT INFORMATION
Not available at the time of disclosure.
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