Tag Archives: Hydropower

One of the three hydroelectric power stations on the Vorotan River (Photo: Photolur)

U.S. Takeover of Vorotan Power Plant ‘Finalized’

U.S. Takeover of Vorotan Power Plant ‘Finalized’

YEREVAN (Arka)—Armenian energy and natural resources minister Yervand Zakharyan told a news conference Wednesday that a landmark deal finalizing the sale of Armenia’s Vorotan Hydro Cascade to a US-based company, ContourGloba, will be signed within the next two weeks. The minister said all the “contentious issues” which the original agreement had have been resolved and

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