ADB TO HELP IMPROVE ELECTRICITY DISTRIBUTION EFFICIENCY IN ARMENIA
03.07.2017
The Asian Development Bank (ADB) has approved an $80 million loan to Electric Networks of Armenia CJSC (ENA) on 27 June 2017 to help improve electricity distribution and increase energy independence and efficiency in Armenia.
“A more efficient and reliable energy distribution network is important for economic growth in Armenia”, - said Sonali Tang, Senior Investment Specialist at ADB’s Private Sector Operations Department. “The investment program will contribute to the Government of Armenia’s goal of energy independence and energy efficiency. Our partnership with ENA will have a meaningfu ...
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