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Tax Benefits For Construction Of Iran-Armenia Aerial Electrical Powe

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  • Tax Benefits For Construction Of Iran-Armenia Aerial Electrical Powe

    TAX BENEFITS FOR CONSTRUCTION OF IRAN-ARMENIA AERIAL ELECTRICAL POWER LINE

    news.am
    Sept 15 2011
    Armenia

    Tax and customs benefits are in need for construction of the
    400-kW-capacity Iran-Armenia aerial electrical power line's section
    to pass from Armenia. Therefore the Armenian Ministry of Energy
    and Natural Resources has introduced a special law proposal to the
    government. The draft law will be discussed during the government's
    session on Thursday, and then will be presented to the parliament
    for its approval.

    In order to construct the aerial electrical power line, the Export
    Development Bank of Iran provided a credit worth 83 million Euros,
    and Armenia will co-finance this project with its own 25 million Euros.

    The Iranian Sanir Company is constructing the electrical power line.

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