Artsakh building $25M hydroelectric power plant in Martakert


$25 million will be invested into a large hydroelectric power plant set to be built in Martakert, Nagorno-Karabakh (Artsakh), President Arayik Harutyunyan said on Monday, August 2.Artsakh lost most of its energy capacity in the war unleashed by Azerbaijan in fall 2020. According to Harutyunyan, now Arstakh is forced to import electricity, whereas prior to the war, the country was an energy exporter.
The HPP with a capacity of 17.6 MW will be built in the territory of Getavan community of Martakert region. The $ 25 million project will be launched through the Artsakh Investment Fund, but other investors will also get to join.
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