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WORLD BANK ENDORSES SELLING FIFTH UNIT OF HRAZDAN POWER PLANT TO RUSSIA

YEREVAN, APRIL 28, ARMENPRESS: A World Bank official has endorsed today Armenian government’s decision to sell the fifth unit of the biggest Hrazdan power plant to Russia.
Rogers Robinson, World Bank resident representative, said today the deal was very beneficial to Armenia. He said the government of Armenia promised to put the details of the deal on discussion. Robinson downplayed fears that virtually Armenia’s entire power grid is now in the hands of Russia, saying having a powerful public services regulatory commission is more important.
He said while talking about Armenia’s energy production and energy fuel deliveries one has to keep in mind that both nuclear fuel and natural gas are shipped form Russia.

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