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Iran And Armenia To Build Hydro Power Plant On Arax River

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  • Iran And Armenia To Build Hydro Power Plant On Arax River

    IRAN AND ARMENIA TO BUILD HYDRO POWER PLANT ON ARAX RIVER

    Armenpress
    Dec 25 2006

    YEREVAN, DECEMBER 25, ARMENPRESS: Armenian energy minister Armen
    Movsisian said last week the feasibility plan for construction of
    a hydro power plant on the border River of Arax separating Armenia
    form Iran was ready. He said the construction was set to start early
    next year.

    He said the hydro power plant, which will be located near the southern
    Armenian town of Meghri, will have a 130-140 megawatt capacity to
    generate annually about 850 million kilowatt/hours electricity.

    Movsisian said it will be a unique hydro power plant in this region
    to benefit both Iran and Armenia.

    He said the beneficial legal framework and the tariff policy have
    made construction of small hydro power plants a very attractive
    business. Armenia has now 50 small hydro power plants and another 50
    are being constructed.

    The minister said also Armenian power grid will be used for a swap of
    electricity between Georgia and Iran. To that end a third Iran-Armenia
    power transmission line is being built.
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