Newsfeed
Young Leaders School
Day newsfeed

Vache Terteryan: Target of project will be a 65% decrease in energy consumption with an estimated saving of 275 million AMD

April 13,2024 14:14

The financial contract between the Republic of Armenia and the European Investment Bank Yerevan energy efficiency phase two was signed on November 29, 2023. According to the contract, the European Investment Bank provides Armenia with a loan of 25 million euros to support the improvement of sustainable energy efficiency, which is aimed at Yerevan’s public buildings, in particular, kindergartens and polyclinics.

The draft law on Ratifying the Financial Contract Yerevan energy efficiency phase two between the RA and the European Investment Bank was debated at the RA NA sitting on April 11.

6 polyclinics and 32 kindergartens were selected within the framework of the project which was presented by the RA Deputy Minister of Territorial Administration and Infrastructure Vache Terteryan. The target of the project will be a 65% reduction in energy consumption with an estimated savings of around 275 million AMD.

The member of the Standing Committee on Financial-Credit and Budgetary Affairs Davit Karapetyan presented the endorsement of the Head Committee on the draft.

 

National Assembly of the Republic of Armenia

Media can quote materials of Aravot.am with hyperlink to the certain material quoted. The hyperlink should be placed on the first passage of the text.

Comments (0)

Leave a Reply

Calendar
April 2024
Mon Tue Wed Thu Fri Sat Sun
« Mar   May »
1234567
891011121314
15161718192021
22232425262728
2930