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Time in Yerevan: 11:07,   29 March 2024

KfW to provide 75 million Euros to connect Armenian and Georgian energy systems

KfW to provide 75 million Euros to connect Armenian and Georgian energy systems

YEREVAN, 2 DECEMBER, ARMENPRESS. The Republic of Armenia and KfW bank will be signing a 75-million Euro loan and tranche agreement in the frames of the Power Transmission in Caucasus Tranche I, which is also enshrined in the agreement on financial cooperation signed between the Governments of the Republic of Armenia and Germany on 5 November 2013.

The goal of the tranche is to connect the Armenian and Georgian energy systems with the 500/400/220 kW high-voltage current converter station stationed in Ayrum located near the Georgian border. The connection from the Georgian side will be through a 500 kW line from the Marneul substation, and the connection from the Armenian side will be through the 400 kW line from Hrazdan.








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