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Greg Realty To Prepare 4th Georgia-Armenia Power Line

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  • Greg Realty To Prepare 4th Georgia-Armenia Power Line

    GREG REALTY TO PREPARE 4TH GEORGIA-ARMENIA POWER LINE

    Interfax News Agency
    Russia & CIS Energy Newswire
    June 28, 2006 Wednesday 12:36 PM MSK

    The U.S. company Greg Realty has won a tender to prepare a project for
    the construction of a fourth power line between Armenia and Georgia,
    Levon Vardanian, director of the development and PR department at
    the Armenian Energy Ministry, told Interfax.

    He said that the Georgian Energy Ministry called the tender. The
    project work, which will be financed by the Georgian side, should be
    completed by the end of 2006.

    The 400 kilo-volt line will be the only power line capable of ensuring
    the parallel work of the energy systems of both countries.

    Vardanian said that the cost of the project and sources of financing
    are still under discussion. Initially it was planned to complete
    construction by the end of 2006, but work on the project dragged out,
    he said.

    Armenia and Georgia are currently connected by three power lines:
    two 110 kilo-volts and one 220 kilo-volts.

    Armenian Energy Minister Armen Movsisian told journalists earlier
    that after the construction of the fourth line the capacity between
    the two countries would amount to 650 megawatts.
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