HVEN definition

HVEN means the High Voltage Electric Networks, a closed joint stock company, established pursuant to the Government Decrees No. 450 dated July 20, 1998 and No. 709, dated November 23, 1999, and registered in the State Register of the Republic of Armenia.
Sample 1
HVEN means High Voltage Electric Network Closed Joint Stock Company established under Resolution No.450 dated 20 July 1998 of the Borrower or any successor thereto acceptable to ADB;
Sample 1

Examples of HVEN in a sentence

  • HVEN was reorganized as a closed joint stock company on 21 August 1998.

  • The HVEN, a state-owned transmission company established in 1998, is responsible for operation, construction and maintenance of the high voltage power transmission network in the country.

  • The implementation of this component of the project as well as overall HVEN operations will be overseen by the Management Board of the HVEN, chaired by the Minister of Energy and Natural Resources and consisting of eight members representing the HVEN, the Government and power sector companies.

  • The legal basis of the establishment of HVEN was the Government decree No. 450 adopted 20 July 1998.

  • The costs connected with the category changing of state and community lands will be paid by HVEN.

  • HVEN will assist PAPs seeking legalization and will facilitate their cases.

  • HVEN’s charter is approved by the RA Ministry of Energy Decree No. 254-GM, dated 14 August 1998.The sole stock owner of the HVEN is the Republic of Armenia.

  • The land can be alienated to HVEN only after the communities have changed the lands category to the category of energy, transportation, communications, utilities infrastructure, and the lands will be alienated by price equal to the cadastral price of the lands with category of energy, transportation, communications, utilities infrastructure.

  • Several sensitive areas, where villages are affected by the line and planned bypasses needed to be revised have been encountered and discussed with representatives of the HVEN.

  • The HVEN grievance committee then decides whether to settle directly, call for grievance committee meeting or go to court.

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