The Public Services Regulatory Commission of the Republic of Armenia has discussed the issue of agreeing with the investment program of the "ConturGlobal Hydro Cascade" CJSC for 2018.

The Commission has approved the draft decision as a result of which the investment program of "ConturGlobal Hydro Cascade" CJSC in 2018 amounted to 1,680.2 million drams (excluding VAT). The investment program is primarily aimed at securing uninterrupted operation of HPPs and increasing security and reliability. Within the framework of the investment program it is envisaged to carry out works on the safety level of all the reservoirs of the company, assessment of technical condition of turbine salons, environmental protection, technical security, as well as introduction of modern technologies.

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