information:classification
Energy

The location of the city on the shores of Hrazdan river has enabled the production of hydroelectricity. As part of the Sevan–Hrazdan Cascade, three hydroelectric power plants are established within the administrative territory of Yerevan: Kanaker HPP, Yerevan-1 HPP, and Yerevan-3 HPP. The entire plant was privatized in 2003, and is currently owned by RusHydro.

The city is also home to the Yerevan Thermal Power Plant, a unique facility in the region for its quality and high technology, situated in the southern part of the city. Originally opened in 1961, a modern plant was built in 2007, furnished with a new gas-steam combined cycled turbine, to generate electric power. In March 2017, the construction of a new thermal power plant was launched with an initial investment of US$258 million and an envisaged capacity of 250 megawatts. The power station will be in service in 2019.