Implementation of Automated Electricity Metering Systems in Armenia
Armenia

Implementation of Automated Electricity Metering Systems in Armenia

Financing type:
Investment
Year:
2022
$30mn
Project amount

Project overview

EDB financing for the implementation of automated metering systems will significantly reduce electricity losses in the grid and improve energy efficiency in the Republic of Armenia. Under the credit agreement, EDB financing amounts to USD 10 million.

Development impact

up to 100 ths
meter units per year
$30 mn
EDB financing
up to 300
new jobs
100 % EDB
financing structure