Innovation Proposals
Institute of Geological Sciences Institute of Geological Sciences
Division of Chemistry and Earth Sciences

Assessment of the Geothermal Potential of the Territory of Armenia

N Investment project title Assessment of the Geothermal Potential of the Territory of Armenia
1. Sector

Earth Science

2. Project description

To assess the geothermal potential for the territory of Armenia

3. Project implementation period 3 years
4. Project location Institute of Geological Sciences of NAS RA
5. Project overall cost (USD) 350.000
6. Required investments (USD) 350.000
7. Own funds (USD) -
8. Creation of jobs At the beginning of the project At the end of the project
20 20
9. Payback period -
10. Annual profitability index -
11. Detailed costs

Field surveys. Including lease of equipment – USD 200.000
Laboratory studies - USD 40.000
Salaries - USD 90.000
Other costs - USD 20.000

12. Offer to investor

-

13. Contact details

Khachatur Meliksetyan, Director of the Institute of Geological Sciences of NAS RA
E-mail: km {[ at ]} geology.am
Tel.: (+374 10) 524426



Geothermal anomalies of Lesser Caucasus based on application of Si geothermometer in thermomineral waters. Jermuk-Syunik and Arzni-Hankavan geothermal anomalies can be observed
Geothermal anomalies of Lesser Caucasus based on application of Si geothermometer in thermomineral waters. Jermuk-Syunik and Arzni-Hankavan geothermal anomalies can be observed