Tag Archives: electricity

China’s AIIB lends to Tajikistan

JUNE 17 2017 (The Bulletin) — The Beijing-based Asian Infrastructure Bank (AIIB) approved a $60m loan to Tajikistan to part finance the refurbishment of the Nurek Hydropower station and a $114m loan to part-finance a road bypass around Batumi. The AIIB is a new institutional bank that its critics have said is designed to spread Chinese influence. The United States has declined to become a member.

ENDS

Copyright ©Central Asia & South Caucasus Bulletin — all rights reserved

(News report from Issue No. 333, published on June 19 2017)

 

Rosatom to update Armenia nuclear plant

YEREVAN, JUNE 13 2017 (The Bulletin) — Russian energy company Rosatom said it was going to start repair works on Armenia’s nuclear power station, Metsamor, next year.

The repair works, which Rosatom has said will extend the lifespan of the nuclear plant to 2026, are controversial because both the European Union and the United States have called on the plant to be decommissioned as it is built in an earthquake-prone area.

Several years ago, the European Union offered Armenia $300m to close down the plant, an offer that the Armenian government, possibly under pressure from Russia, declined.

After meeting Armenian PM Karen Karapetyan, Rosatom director- general said: “Armenia’s nuclear facilities will in fact be thoroughly upgraded. Our common goal today is to move clearly on the agreed schedule, observing the unequivocal priority of quality work and safety requirements.”

For Armenia, the Soviet-built nuclear plant is a vital part of its power generation system, producing around 40% of the country’s electricity.

The deal for the maintenance work to extend the lifespan of Metsamor was agreed in 2014, with Russian finance for the project and Rosatom’s role finalised the following year. Russia agreed to lend Armenia $230m to fund the modernisation scheme and also added a $30m grant.

Rosatom has said that the main focus of their work is the modernisation of the plant’s cooling towers, its turbine unit and control and safety systems.

The original plan for the maintenance work was to schedule it for 2017, closing the plant for six months.

ENDS

Copyright ©Central Asia & South Caucasus Bulletin — all rights reserved

(News report from Issue No. 333, published on June 19 2017)

 

RusHydro looks to pull out from Armenia

JUNE 6 2017 (The Bulletin) — Russia’s RusHydro said that it wanted to sell off the second largest hydropower plant in Armenia, Sevan-Hrazdan Cascade, which produces roughly 10% of Armenia’s power. RusHydro said that it had been in talks with a potential buyer but that these talks had fallen through. In 2015, Russia’s Inter RAO sold its debt-ridden electricity distribution network to a Armenian oligarch after a series of angry street demonstrations against planned electricity price rises.

ENDS

Copyright ©Central Asia & South Caucasus Bulletin — all rights reserved

(News report from Issue No. 332, published on June 12 2017)

 

Inter RAO sues Georgia

JUNE 10 2017 (The Bulletin) — Russian energy company Inter RAO has begun proceedings at the Stockholm International Arbitration court against Georgia because of losses incurred at its two hydropower plants Khamri-1 and Khamri-2, Georgia’s deputy energy minister Mariam Valishvili told Retuers. It blamed the losses on the devaluation of the Georgian lari and on the government for blocking its move to increase electricity prices.

ENDS

Copyright ©Central Asia & South Caucasus Bulletin — all rights reserved

(News report from Issue No. 332, published on June 12 2017)

 

Inter RAO sues Georgia

JUNE 10 2017 (The Bulletin) — Russian energy company Inter RAO has begun proceedings at the Stockholm International Arbitration court against Georgia because of losses incurred at its two hydropower plants Khamri-1 and Khamri-2, Georgia’s deputy energy minister Mariam Valishvili told Retuers. It blamed the losses on the devaluation of the Georgian lari and on the government for blocking its move to increase electricity prices.

ENDS

Copyright ©Central Asia & South Caucasus Bulletin — all rights reserved

(News report from Issue No. 332, published on June 12 2017)

 

Kyrgyzstan announces hydro tender

JUNE 1 2017 (The Bulletin) — Kyrgyzstan announced a tender for the construction of 14 small hydropower stations across the country, part of its plan to boost electricity production. Hydroelectric power production is an essential part of Kyrgyzstan’s economy. It aims to become an exporter of electricity through the TAPI project that will send power generated by hydro schemes in Kyrgyzstan and Tajikistan across Afghanistan to Pakistan and India.

ENDS

Copyright ©Central Asia & South Caucasus Bulletin — all rights reserved

(News report from Issue No. 331, published on June 5 2017)

Kyrgyzstan plan to rise power prices

MAY 29 2017 (The Bulletin) — Kyrgyzstan is planning to raise the cost of electricity by 10% between 2018 and 2020, Duyshenbek Zilaliyev, chairman of Kyrgyzstan’s State Committee for Industry, Energy, and Mining, said. Electricity tariffs are a sensitive topic in Central Asia and the South Caucasus. When governments have tried to increase them from their heavily subsidised Soviet levels they have stirred anger. In Armenia in 2015, protesters clashed with police after an electricity price rise was recommended.

ENDS

Copyright ©Central Asia & South Caucasus Bulletin — all rights reserved

(News report from Issue No. 331, published on June 5 2017)

 

Uzbekistan agrees groundbreaking transit deal

MAY 23 2017 (The Conway Bulletin) — In a deal described as groundbreaking, Uzbek officials agreed to allow the country’s electricity infrastructure to be used to export power produced in Turkmenistan to Kazakhstan and Kyrgyzstan. Analysts said that the deal, unveiled around yet another trip to Turkmenistan by Uzbek president Shavkat Mirziyoyev, showed that cooperation across the region had improved with the death last year of Uzbekistan’s Islam Karimov. Under the terms of the deal, Turkmenistan will send power to the Uzbek grid in exchange for the cancellation of its debt to Uzbekenergo.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 330, published on May 28 2017)

 

Kazakhstan’s deal on to send uranium to Iran

MAY 26 2017 (The Conway Bulletin) — Kazakhstan’s nuclear agency Kazatromprom has no plans to renege on a deal to export 950 tonnes of uranium to Iran despite reports in media that the agreement had been cancelled, the head of the Atomic Energy Organisation of Iran, Ali Akbar Salehi, told media. Kazakhstan is the world’s biggest producer of uranium and has been pushing to increase exports. Media reports had said that the US’ anti-Iran rhetoric had swayed Kazakhstan away from deals with Tehran.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 330, published on May 28 2017)

 

Kazakh uranium enrichment plant to be operational by 2020

MAY 26 2017 (The Conway Bulletin) — Kazakhstan’s first uranium enrichment facility will become operational by 2019, an official at the Ulba Metallurgical Plant told Reuters. The project is a joint venture with China, which will take delivery of the enriched uranium for its nuclear power stations. Kazakhstan produces 40% of the world’s uranium but doesn’t yet have an enrichment facility.

ENDS

Copyright ©The Conway Bulletin — all rights reserved

(News report from Issue No. 330, published on May 28 2017)