28/11/2019 11:38
Russian RusHydro company to sell Sevan-Hrazdan hydro power plant to Tashir group of companies
RusHydro company is planning to sell Sevan-Hrazdan hydro power plant to the structures of Tashir group of companies belonging to Samvel Karapetyan, Russian Kommersant reports.
Due to low tariffs another Russian energy company Inter RAO left the country.
The cost of the cascade may amount to 173 million Russian rubles (2 703 704 USD). The buyer is also obliged to close the credits.
According to experts, the deal is beneficial for two parties as RusHydro will free from debts and Tashir will expand its presence in the energy sector of the country.