The country is holding negotiations with its neighbour covering joint use of the river’s energy potential.
The plant will have a capacity of 79MW and will generate an annual output of 469GWh. The project, which is expected to take more than five years to complete, will cost $56 million.
The project forms the core of a programme of Armenian hydro development. Two more schemes are planned in the northeast of the country, one with a capacity of 60MW and a second with a capacity of 75MW. The programme also involves the construction of around 325 small hydropower schemes. Aggregate capacity is 270MW.
