On September 25, CNEEC and High Voltage Electric Networks (HVEN) Armenia officially signed the EPC contract for “Design, Supply and Installation of Rehabilitation of 220/110/10 kV Zovuni substation” project. The signing of the contract marks the first time for CNEEC to enter the Armenian market and achieve a breakthrough in the Armenian power market. The successful implementation of the project will provide good performance support for CNEEC in the power transmission and transformation market in the three Transcaucasia countries (Armenia, Georgia and Azerbaijan). Meanwhile, it will also lay a solid foundation for the further development of CNEEC in the Armenian market.