ArmInfo. A new tender for the construction of the Kaps Reservoir will be announced later this year, as stated by Armenian Minister of Territorial Administration and Infrastructure David Khudatyan to journalists.
"We expect that construction work will resume as soon as possible," he emphasized, expressing hope that the initial results of the new contractor's efforts will be visible by the first half of 2028. Khudatyan recalled that construction work on the Kaps Reservoir was halted due to significant schedule delays by the Chinese company Shanxi Construction Investment Group.
As ArmInfo previously reported, the project is funded through a KfW loan and co-financing from the Government of the Republic of Armenia. Its total budget is 95.2 million euros, including 68.5 million in borrowed funds. The first stage involves building a reservoir with a total capacity of 25 million cubic meters, with a subsequent increase in its maximum capacity to 60 million cubic meters. This first stage will increase the water supply to the Shirak Main and Akhuryan Right Bank Canal, benefitting approximately 17,000 hectares of managed agricultural land. Additionally, the project will enable a transition from mechanical pumping to gravity-fed irrigation for 2,280 hectares of land, yielding annual electricity savings of 1.3 million kWh.
