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Iran, Armenia to Boost Power Swap

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  • Iran, Armenia to Boost Power Swap

    Fars News Agency , Iran
    May 29 2011



    Iran, Armenia to Boost Power Swap

    TEHRAN (FNA)- Iran and Armenia will increase swap of electricity once
    the third power transmission line between the two neighboring
    countries comes on line, Iranian Minister of Energy Majid Namjou said
    on Sunday.

    "The construction phase of the third power transmission line between
    the two countries will start in the next two weeks," Namjou told
    reporters on the sidelines of a meeting with Armenian Energy and
    Natural Resources Minister Armen Movsisian.

    He added the new line will bring the volume of power exchange between
    the two countries from the current 300mw to 500-800 mw.

    The minister said that over $110million of funding is needed for the
    construction of the new power transmission line.

    Movsisian, for his part, stated that the two neighboring countries
    have run successful energy cooperation for years, and reminded that
    many projects have been implemented in Armenia through Iran's
    cooperation.

    Iran and Armenia have expanded cooperation in power and gas swap in
    recent years.

    Iran mainly exports natural gas to Armenia and imports power supplies
    from the Caucasian state through two transfer lines with a total power
    transfer capacity of 220kw/ph at present.

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