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Meghri hydro-electric power station to be built in 2005

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  • Meghri hydro-electric power station to be built in 2005

    MEGHRI HIDRO-ELECTRIC POWER STATION TO BE BUILT IN 2005

    ArmenPress
    June 21 2004

    YEREVAN, JUNE 21, ARMENPRESS: Armenian ministry of energy
    representative discussed technical matters of hydro-electric power
    station with Iran counterparts at the Southern border of Armenia at
    the banks of Arax river, just the place where the station is going
    to be built.

    According to Armenian energy minister Armen Movsisian, the location
    of the station is now clear. During the coming 1-2 months, details
    will be discussed with Iranian government after which an agreement
    will be signed.

    A. Movsisian informed that the construction may start some time in
    mid 2005. The construction will run 5 years. The station will have
    140 megawatt capacity and will produce 841 mln k/watt/hour energy
    per year. According to initial estimates, the station will cost 140
    mln dollar. The power station will be built by Iranian funds. The
    Armenian side will return the money in the form of energy produced
    by the same station.

    The effectiveness of the power station will be number one both in Iran
    and Armenia. The minister said the hydro power of the Arax river is
    expected to be used to maximum.

    A. Movsisian said there are 30 small hydro-power stations in Armenia
    now that produce about 600 mln kwatt/hour energy per year.
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