YEREVAN. – The talks of Armenian Energy Ministry on Vorotan cascade continue, Energy Minister Yervand Zakharyan.

“We are settling a number of technical programs within the framework of interaction with the American side on cascade deal,” he said.

ContourGlobal and the Armenian government have signed an agreement on purchase of the Vorotan Hydro Cascade, a series of three hydroelectric power plants totaling 405 MW on the Vorotan River in southern Armenia, for a purchase price of $180 million.