On June 9 2022 the "International Energy Corporation" CJSC, jointly with the 2nd group of the Ministry of Emergency Situations of the Republic of Armenia and the fire brigade No. 5 was held "Organization of firefighting activities in the Kanaker-HPP" special tactical training. The special tactical training was conducted in 3 stages, which included: announcements to the training participants, implementation of responsibilities according to the operative fire-fighting plan; initial firefighting activities by the staff of the station, main firefighting activities. As a result of special tactical training the practical skills of the staff of "Kanaker" HPP and 5th firefighting brigade Improved their skills, the readiness of the staff of "Kanaker" HPP was increased, the management and coordination during fire improved; the degree of readiness of the shift units of "Kanaker" HPP and No. 5 brigade to solve the fire-tactical problems set before them was verified. All the measures envisaged by the educational issues have been implemented, and appropriate instructions have been given to the staff.

Within the framework of the USAID Market Liberalization and Electricity Trade Program, an information campaign was held from May 24 to 27, 2022, with the participation of representatives of the National Assembly of the Republic of Armenia, government agencies, energy organizations, and media. The aim of the campaign was to present the energy infrastructure to the participants of the campaign. It also included a visit to Sevan, Argel, Arzni, Hrazdan, Yerevan-3 hydro power plants of the IPC CJSC. The General Director of the company Mr. Artashes Kirakosyan presented to the participants the history of HPPs, the current and perspective programs of their modernization, and their important role in the energy system of Armenia.

"International Energy Corporation" CJSC continues to effectively implement the planned construction and repair works aimed at increasing the reliability of the Sevan-Hrazdan cascade and ensuring operation safety. In particular, in 2020-2022, 2.8 km of diversion canal No. 2 of "Hrazdan" HPP was rehabilitated. No rehabilitation works were carried out in this section for decades. Rehabilitation of administrative buildings of hydroelectric power plants, DRPs, underground stations, and horizontal halls was carried out. The gas shelters of "Argel" and "Kanaker" HPPs have been restored, all the derivation canals have been repaired. The IEC also conducted pressure pipeline painting, restoration of inflow and outflow canals, restoration of secondary canal slopes, etc. IEC CJSC plans to continue investments aimed at the rehabilitation of the San-Hrazdan cascade.

The Director of the "IPC" CJSC Artashes Kirakosyan received the representatives of the Bulgarian «Vaptech» company. The purpose of the latter's visit was to study the possibilities of the increase of the efficiency of the hydraulic units of the «Argel» HPP by the order of the "IPC" CJSC, to evaluate the possible economic result of the intervention possible as a result of the study, as well as the possibilities of the increase of equipment reliability and the prolongation of the working life.

The “International Power Corporation” CJSC signed a contract with the “International Finance Corporation” (IFC), a member of the World Bank Group, according to which the latter will carry out a comprehensive study by the order of the "IPC" CJSC to assess the volume of the necessary investments in the Hrazdan Cascade, to determine their priority and the evaluation of the technical-economic substantiation. The scope of the study will also include the study of the possibilities of reducing the water losses in the irrigation system, the calculation of the technical-economic substantiation of the actions aimed at their reducing, as well as the identification of the possibilities of the increase of the production efficiency of the "IEC" CJSC.
The contract was signed in February 2021, and the work is expected to be completed within six months. As a result of the works, the medium-term investment program of the "IEC" CJSC for 2020-2027 will be compiled.

We have launched our new official website. Modern solutions have been applied in our new website, i.e. to make information about the Sevan-Hrazdan Cascade more accessible both to our potential partners and suppliers, as well as to the wide circles of the public. The production-economic indices, history and programs of the Cascade have been presented in separate sections. We hope that the new website will allow to better understand the features of one of the companies of strategic importance for the energy system of Armenia, the efforts aimed at the preservation of this important heritage and the ways of development. Welcome to our new official website.