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Flagship investment projects

Zaramagskaya HPP 1

An hydropower plant being built on the Ardon river, the Zaramagskaya HPP 1 is considered the largest HPP under construction in the North Caucasus region.

With capacity of 342 MW, the project will contribute to a reduction of electric power shortfall in the republic from 80% to 30%.

With a diversion tunnel 14,254 meters long, there are no similar analogues in the construction of other facilities.

LoriBerd HPP

Construction of the LoriBerd HPP is significant for the development of the Armenian power sector. The designed capacity is approximately 66 MW, with annual power generation as high as 200m kW/H. LoriBerd HPP will be built in the north of the country, on the Dzoraget river. Construction is planned primarily through private investment comprising $122m; the expected project implementation period is estimated at 5 years.

Bakhtiari HPP

A project for construction of an hydropower plant with a double arch concrete dam 325m in height and 509m in length. Designed capacity is estimated at 1500MW, with generation totalling 3000 GWh. Commissioning is scheduled for 2020, with total project investment estimated at $1.5bn.

Nenskra HPP

Initiated by Nenskra Hydro, the project entails construction of a large dam and HPP system with annual generation expected at 1.2bn kWh of electricity for domestic demand purposes.

The Nenskra HPP, with capacity of 280 MW will be built on a tributary of the Inguri river. According to data from the Partnership Fund, the HPP will begin power generation in 2019, while project finalization is scheduled for 2021. Project cost totals $1bn.

Ordubad HPP

Construction of the Ordubad HPP began on 12 January 2017. Capacity of the finished unit will reach 36 MW. Built on the river Araz, Ordubad will be comprises of three power units with capacity of 12 MW each. The adjusted reinforced concrete dam is 235m long, and 12m high; the length of the HPP diversion canal will amount to 12,738km, with maximum water discharge of 126.6 cubic meters per second.

Khudoni HPP

The Khudoni HPP is a reservoir powered with an arc concrete dam and is a part of the Inguri HPP cascade. Construction was initiated in 1979, and again suspended in 1989. Currently, plans involve resuming construction of the HPP, which has a projected capacity of 702 MW. Construction cost is estimated at $777m, with $150m of capital already invested. Commissioning is scheduled for 2022.

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