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
ACCOUNTABILITY MECHANISM OF WORLD BANK
The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing email@example.com. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.