Some $100 million to be invested in construction of geothermal plant in southern Armenia (Arka News Agency)
Construction of a geothermal power plant in southern Armenia near the town of Sisian with 30 MW capacity will cost about $100 million, Deputy Minister of Energy Infrastructures and Natural Resources Hayk Harutyunyan told journalists today. According to him, geothermal exploration is now underway at the site.
"We have drilled the second well reaching the depth of 1,675 meters and we can say that the well has a geothermal resource where we can build the station, which will use the underground hot springs", said Harutyunyan. He said when built it will be the first geothermal power plant in the region.
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