Sevan–Hrazdan Cascade Hydropower System Rehabilitation Project

Date: March 2013
Country:
Subject:
Document Type: Reports and Recommendations of the President
Project Number: 46941-014

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Description

This report and recommendation of the president for the proposed Sevan–Hrazdan Cascade Hydropower System Rehabilitation Project in Armenia describes the terms and conditions for the approval of ADB's Management or Board of Directors. 

The project's development impact includes a successful rehabilitation of aging renewable-energy production assets. Successful implementation of the project will increase the supply of renewable energy through facilitating more rehabilitation and new investment in the sector, and will help foster confidence among potential investors and lenders and promote further private sector investment in Armenia’s power sector.