{"id":255224,"date":"2014-06-24T11:02:28","date_gmt":"2014-06-24T07:02:28","guid":{"rendered":"http:\/\/www.epress.am\/?p=255224"},"modified":"2014-06-24T11:03:04","modified_gmt":"2014-06-24T07:03:04","slug":"armenian-government-might-cancel-sale-of-vorotan-hydro-cascade-newspaper","status":"publish","type":"post","link":"https:\/\/epress.am\/en\/2014\/06\/24\/armenian-government-might-cancel-sale-of-vorotan-hydro-cascade-newspaper.html","title":{"rendered":"Armenian Government Might Cancel Sale of Vorotan Hydro Cascade: Newspaper"},"content":{"rendered":"<p>\n\t<span style=\"line-height: 1.6em;\">The Government of Armenia is very close to cancelling the sale of the Vorotan Hydro Cascade, reports local daily <em>Haykakan Zhamanak<\/em>, citing its own sources.<\/span>\n<\/p>\n<p>\n\tThe newspaper reports that the final decision hasn&#39;t been made yet, but it can happen at any moment.&nbsp;\n<\/p>\n<p>\n\tOn June 29 of this year, a contract was signed between US company ContourGlobal Hydro Cascade and the Government of the Republic of Armenia, according to which the US company would pay $120 million to acquire the Vorotan Hydro Cascade and would make an additional $70 million investment.&nbsp;\n<\/p>\n<p>\n\tThe deal, according to that contract, was to have been sealed by mid-April; however, it still hasn&#39;t concluded and the money hasn&#39;t been paid yet. Neither the American party nor the Armenian government is providing comprehensive explanations as to what problems have arisen. <em>Haykakan Zhamanak<\/em> stresses that according to the unofficial view from the government, cancelling the deal, in fact, is driven not by economic, but foreign policy and other motives: the Vorotan Hydro Cascade would&#39;ve been Armenia&#39;s only energy system acquired by a non-Russian company.&nbsp;\n<\/p>\n<p>\n\tRecall, one of the 12 demands presented by Armenia&#39;s non-ruling parties to the authorities was to rule out sale of the Vorotan Hydro Cascade without the National Assembly&#39;s approval. Earlier, Armenian National Congress faction secretary Aram Manukyan said in parliament that, <a href=\"http:\/\/www.epress.am\/en\/2014\/06\/10\/4-violations-in-sale-of-vorotan-hydro-power-plants-says-aram-manukyan.html\"><span style=\"color:#0000CD;\"><strong>among other violations<\/strong><\/span><\/a>, the Vorotan hydro power plants were sold at an obviously low price.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>On June 29 of this year, a contract was signed between US company ContourGlobal Hydro Cascade and the Government of the Republic of Armenia, according to&#8230;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":255211,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tstyn_error":""},"categories":[10],"tags":[51968,53581],"_links":{"self":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts\/255224"}],"collection":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/comments?post=255224"}],"version-history":[{"count":0,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/posts\/255224\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/media\/255211"}],"wp:attachment":[{"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/media?parent=255224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/categories?post=255224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/epress.am\/en\/wp-json\/wp\/v2\/tags?post=255224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}