Original disclosure @ WB website
Updated in EWS Mar 13, 2019
Disclosed by Bank Jun 5, 2015
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According to bank documents, the power system of Armenia is unbundled and consists of independent electricity generation, transmission, and distribution companies as well as the electric power system operator (EPSO) and the settlement center. It has a“single buyer model” (with one electricity distribution company acting as the single buyer and supplier of electricity) with regulated tariffs for generation, transmission, and distribution. The tariffs are approved by the independent Public Services Regulatory Commission (PSRC).
This project aims to increase privately owned and operated solar electricity generation capacity in Armenia with the following PDO Level Outcome Indicators:
Indicator One (Corporate Results Indicator): Generation capacity of energy constructed or rehabilitated (MW).
Indicator Two (Custom): Utility-scale solar PV generation added to the grid (GWh).
Project Contact: Almudena Mateos Merino
Email Address: email@example.com
Project Contact: Arthur Kochnakyan
Email Address: firstname.lastname@example.org
Borrower: Ministry of Energy Infrastructures and Natural Resources
Ashot Manukyan, Minister
Telephone No.: +374 11521964
Email Address: email@example.com
Implementing Agency: Renewable Resource and Energy Efficiency Fund
Tel: +374 10588011
Email Address: firstname.lastname@example.org
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