55-MW solar photovoltaic plant "Masrik 1" has not yet been built. The accomplishment of the construction of the station was scheduled for September 1, 2023, as Armen Asatryan, Administrative Head of Mets Masrik settlement of Vardenis consolidated community, Gegharkunik Region, Armenia, told EcoLur. "There is no movement, nothing has been built. I don't know why there is no progress regarding the construction until now."
Reminder: The construction completion date of "Masrik-1" solar photovoltaic station has been extended by more than a year. The construction of the station was supposed to be completed on July 1, 2022. However, it has not yet been built. According to RA Government resolution N 997-A dated on June 30, 2022, the construction period of the station was extended until September 1, 2023.
Emphasizing the implementation of the construction project of Masrik-1 solar power plant, the executive reached an agreement with the developer to make amendments to RA government support agreement for the construction of "Masrik-1" solar power plant under new conditions. Accordingly, the developer will pay an additional security deposit of $1 million, which is irrevocable. It will be charged if the project is not completed within the new dates for any reason.
"Masrik-1" solar photovoltaic power plant construction project is implemented by consortium of companies "Photovatio Renewable Ventures" B.V. (Fotowatio Renewable Ventures B.V., FRV) (Netherlands) - " FSL Solar S.L." (Kingdom of Spain).
The International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD) and the European Union (EU), a member of the World Bank Group, are expected to provide a total of up to 38.4 million US dollars in financing at various stages of the project's implementation. The area of the station should be 128.3 ha in the central part of Masrik field.
September 25, 2023 at 10:49