Stock Sale to Fund New Hydroelctric Stations in Karabakh
"Artsakh HydroElectric" Executive Director Vahram Beglaryan informs Hetq that the first stage of the sale of stock shares in the company has raised 905.2 million drams in capital.
862,074 stock shares were sold in all to a total of 1,111 foreign and local investors. Mr. Beglaryan said that most of the investors were from Karabakh proper.
The new funds will be used to construct three mini hydro-electric stations on the Tatar River and its tributary the Trghe.
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