Who We Are

Who We Are

ArmPower is a special purpose company owned by Renco and Siemens Project Venture. Renco and Siemens have developed a public-private partnership for the design, construction and management for 25 years of a 254 MW combined-cycle power plant in Yerevan, through project financing. The energy produced will be purchased by Armenia’s national power company.

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5+ Years
Initial Activity Term
Yerevan, RA
Location of Activity

Our History

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Blogs & News

EU 4 Gender Equality:
Together against
gender stereotypes
and gender-based
violence” workshop for
Armpower CJSC staff.

The workshop, conducted on May 29,
2024, for Armpower CJSC staff, Renco
Armestate Company representatives, and
Siemens Energy employees, improved
the knowledge of 23 participants.

EU 4 Gender Equality:
Together against
gender stereotypes
and gender-based
violence” workshop for
Armpower CJSC staff.

The workshop, conducted on May 29,
2024, for Armpower CJSC staff, Renco
Armestate Company representatives, and
Siemens Energy employees, improved
the knowledge of 23 participants.

PowerPlant Project
Construction Process
Construction has progressed steadily with the
installation of gas turbines and key mechanical
systems. Despite global challenges, the project
has remained on schedule,
adhering to strict
safety and quality standards.

PowerPlant Project
Construction Process

254 MW combined‑cycle power plant was
constructed in Yerevan. Initial groundwork included
site preparation, infrastructure development, and
the start of major equipment installation.

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