Ongoing Projects

Shnogh HPP Construction

Construction period: 4 years
Installed capacity of HPP: 76 MW
Annual supply: 300,000,000 kWh
Tariff, VAT excluded: $0.065 USD/kWh
Tariff, VAT included: $0.078 USD/kWh
Depreciation period: 50 years
Total investments amount, VAT included: $ 150,000,000
Of which, provided by the Fund: 15%
IRR: 13.64%
Payback period: 11 years

Meghri HPP Construction

Construction period: 4 years
Installed capacity of HPP: 130 MW
Annual supply: 793,000,000 kWh
Tariff: pending
Depreciation period: 50 years
Total investments amount, VAT included: $ 200,000,000
Of which, provided by the Fund: 15%
IRR: 18.85%
Payback period: 8 years

Waste to Energy Power Plant Construction

Construction period: 1 year
Installed capacity of WTE PP: 10 MW
Annual supply: 60,032,280 kWh
Tariff, VAT excluded: $0.083 USD/kWh
Tariff, VAT included: $0.1 USD/kWh
Depreciation period: 40 years
Total investments amount, VAT included: $ 62,120,000
Of which, provided by the ICA: 15%
IRR: 8.51%
Payback period: 15 years