fbpx 51090-001: Yerevan Gas-Fired Combined-Cycle Power Project | Asian Development Bank

Armenia: Yerevan Gas-Fired Combined-Cycle Power Project

Nonsovereign (Private) Project | 51090-001 Status: Approved

The proposed project will include a natural gas fired combined cycle power plant (CCPP). The 250 MW CCPP, utilizing natural gas as fuel, is proposed to be located on land acquired from the Yerevan Thermal Power Plant CJSC (YTPP), owned by the Ministry of Energy Infrastructure and Natural Resources. The project site is located 10 km from Yerevan, adjacent to the existing power plant operated by YTPP.

Project Details

Project Officer
Tang, Sonali Private Sector Operations Department Request for information
Country
  • Armenia
Sector
  • Energy
 
Project Name Yerevan Gas-Fired Combined-Cycle Power Project
Project Number 51090-001
Borrower/Company ArmPower CJSC
Country Armenia
Location Armenia
Type or Modality of Assistance
3657 Loan Ordinary capital resources USD 68.40 million Approved
Strategic Agendas Inclusive economic growth
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Energy / Conventional energy generation

Gender Equity and Mainstreaming No gender elements
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 1
Responsible ADB Officer Tang, Sonali
Project Sponsor(s) Renco Power
Siemens Project Ventures
Description The proposed project will include a natural gas fired combined cycle power plant (CCPP). The 250 MW CCPP, utilizing natural gas as fuel, is proposed to be located on land acquired from the Yerevan Thermal Power Plant CJSC (YTPP), owned by the Ministry of Energy Infrastructure and Natural Resources. The project site is located 10 km from Yerevan, adjacent to the existing power plant operated by YTPP.
Objectives and Scope The project is expected to generate significant development impact for Armenia: easing a key energy infrastructure constraint; generating employment during construction and operation and creating conditions for greater private sector participation. The project also contributes to increasing the supply of clean energy to Armenia.
Linkage to Country/Regional Strategy The project is consistent with the Midterm Review on Strategy 2020, which includes a focus on private sector development and operations, and infrastructure development. ADBs support for the project is also in line with its country partnership strategy for Armenia, 2014-2018 that supports energy security by diversifying energy sources and promoting private investment in the energy sector.
Safeguard Categories
Environment A
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects The environmental and social impact assessment identifies the potential environmental and social impacts and risks of the project, and assesses the cumulative air quality impacts in the airshed. The project will minimize its contribution to background air quality through the use of gas turbines incorporating dry low nitrogen oxide burners. The project utilizes a closed-loop water-cooling system, which means that water extraction and thermal discharge impacts are minimized. Adequate mitigation measures will be incorporated in the environmental management plan of the environmental impact assessment, which the borrower is committed to fully implement, with submission of semiannual progress reports to comply with ADB requirements.
Involuntary Resettlement No involuntary resettlement impacts are expected.
Indigenous Peoples No indigenous communities live within the project area, and therefore no impacts on indigenous peoples are expected.
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance 14 Mar 2017
Credit Committee Meeting 12 Mar 2018
Approval 16 Apr 2018
Last PDS Update 12 Jun 2019

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

Title Document Type Document Date
ArmPower CJSC: Final Environmental and Social Impact Assessment Environmental Impact Assessments Mar 2018
ArmPower CJSC: Draft Environmental and Social Impact Assessment Environment and Social Impact Assessments Aug 2017

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.


The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

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