ArmInfo.To ensure the normal construction process of the thermal power unit of the Yerevan TPP, it is necessary to import equipment worth over 9 billion drams. This is stated in the substantiation of the draft decision of the RA government, which at the September 3 meeting satisfied the application of the company "Armpower" for exemption from customs duties for imported equipment and raw materials.
According to the draft decision, within the framework of its investment program, the company intends to introduce from Germany a Siemens SST600 steam turbine with a capacity of 85 MW and a cost of 9, 146 billion drams. Thus, according to the new application, the investment program of the company will increase from 14.557 billion drams to 23.702 billion drams. "ARMPOWER" CJSC is building a heat unit with a capacity of 250 MW in Yerevan. The privilege will become a serious impetus for the implementation of new investment programs, as a result of which new jobs will be created, investments will be attracted, and local production and exports will be stimulated.
To recall, the new thermal power unit of the Yerevan Thermal Power Plant ("Yerevan-2") will be the first funded project in Armenia on power plants with the production of environmentally clean electricity at extremely low prices. To recall, on July 12, 2019 an official ceremony was held in Yerevan to start the construction of a new thermal power unit at the Yerevan TPP. Siemens AG is also involved in the project implementation. Negotiations on the construction of the power unit in the neighborhood of the first unit of the new Yerevan Thermal Power Plant between the RA government and the Italian company Renco began three years ago, but the final agreement was signed only on November 13, 2018. The new combined cycle power plant will have a power of 250 megawatts and it is expected to be commissioned by the end of 2021. Siemens will supply the power unit for the new combined cycle power plant. The company will also operate and maintain the station for 25 years. Siemens supplies include a power unit consisting of a gas turbine, a steam turbine, two generators and a boiler for heat recovery. In addition to the operation of the power plant, and its maintenance for 25 years, the Agreement on operation and maintenance also includes diagnostic services, technical support from a remote center of expertise and remote control.
Italian Renco S.p.A. company engaged in design, procurement and construction, is responsible for the construction of the entire unit, and together with the Italian joint- stock company Simest S.p.A. it owns a 60 percent stake in ArmPower.
The construction of the station will take about 26 months, which will make it possible to create about 1,200 temporary jobs. After commissioning, 200-250 new permanent jobs will be created. Siemens will take on the task of improving the qualifications of the station staff, about 60 employees will take appropriate training courses at the company's enterprises. The use of modern technologies by Siemens will make it possible to produce electricity at a low cost, the efficiency of the unit will be 54.4%, and the tariff from the new generation facility will be the lowest for such facilities - 5.7 cents or 27.4 drams per 1 kWh. In accordance with the 25-year service agreement, Siemens will provide cost-effective and reliable power generation throughout this period.
