Armenia can now produce excess electricity

Armenian-Russian joint company ArmrosGazprom plans to relaunch the 5th block of the Razdan electric power station, which runs on Russian natural gas which enters Armenia via Georgia. Director General of the company Karen Karapetian has stated that the 300 megawatt energy block has been completely reconstructed and modernised, enabling Armenia to produce cheap electrical energy and export it.

At present ArmrosGazprom does not export any electricity but some time ago it exported it to Georgia. The Razdan block is the most powerful in Armenia and its reconstruction cost USD 393.5 million.