Armenia To Spend Over $500 Million On Reconstructing, Upgrading Its Energy Infrastructure.

More than half a billion US dollars for the reconstruction and upgrade of energy infrastructure. Armenia’s Prime Minister Nikol Pashinyan wrote about this on his Facebook page, posting a respective video made by the government, per News.Am.

Accordingly, the reconstruction and upgrade of the Ashnak village electricity substation will be completed soon. About $10 million has been invested, and the modernization of the infrastructure in the system will help ensure energy security, reliability, as well as uninterrupted and stable energy supply to consumers in Armenia.

According to Tigran Melkonyan, head of the Energy Department, they plan to invest $550-600 million in the infrastructure sector to build power lines for substations.

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