Prime Minister Nikol Pashinyan attended today the opening of the new gas fired combined cycle power plant of 254 MWe in Yerevan.

The PM toured the power plant, got acquainted with the works done so far accompanied by Giovanni Rubini, CEO of Renco Company.

Around 270 million USD has been invested for the project. 1200 workers were involved in the construction works and 50 new permanent jobs have been created since the launch of the power plant.

It was mentioned that after the completion of the adjustment works, the power plant will supply the cheapest electricity produced by similar stations to the energy network of the Republic of Armenia.

The groundbreaking ceremony of the power plant with the participation of Prime Minister Pashinyan had taken place on July 12, 2019.