Back in 2020, Veolia Group announced an ambitious project aimed at expanding its operations in the Republic of Armenia and, accordingly, making investments in the energy sector. To achieve this goal, the company planned to build small hydroelectric power plants and solar power stations on the water systems granted to it for exclusive use and operated by the company. This large-scale project, initiated and financed by Veolia Group with its own resources, received approval from the Government of the Republic of Armenia.
In order to mitigate the increase in tariffs for water supply and wastewater services, “Veolia Djur” began generating electricity exclusively for its own needs. Within the framework of this program, the Company invested AMD 395,303,501 during 2023 and 2024 to construct and operate 7 solar power plants in its service area, either on leased water systems or within their sanitary zones. These power plants produced a total of 1,570,548 kWh of electricity in 2024. Moreover, the power plants built by the Company will be transferred to the Lessor—the Government of the Republic of Armenia, represented by the Water Committee—as property.
In March 2025, the opening ceremony of the "Nor Hachn" small hydropower plant, built by the Company on the "Arzakan-Gyumush" water conduit in Kotayk Province, took place. The Company invested AMD 376.6 million in the project. The 220 kWh-capacity SHPP is expected to generate 1.925 million kWh of electricity annually. Upon full implementation of this project, the electricity generated by the SHPP and solar power plants will be used to meet the energy needs of the systems operated by the Company.
Veolia Group will continue its environmental and renewable energy initiatives in Armenia. In particular, the design of the next small hydropower plant (SHPP) is already underway, with construction and commissioning scheduled to take place at the beginning of the year.
Learn more about Veolia Group’s experience in energy production, efficient use, and management here.