Yerevan /Mediamax/.Today’s session of Armenian government made a decision to extend the terms of VAT payment on imported equipment (the price surpasses AMD 300mln) due to be made by “Hov- Khach” company’s investment program till September 2014.

The company built “Inqnahos-Garni” water supply system which provides a number of villages in the marz of Kotayk with drinking and irrigation water, and put it into operation in 2010, Mediamax reports.

The company is going to build 5 fully automated small hydropower plants along the water supply system. The operation of the cascade is scheduled to start in the third quarter of 2013.

According to Armenian Prime Minister Tigran Sargsyan\'s observation, the company has already made quite serious and effective investments into the irrigation system.