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Armenia-Iran Project To Produce South Caucasus' Most Powerful Hpp

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  • Armenia-Iran Project To Produce South Caucasus' Most Powerful Hpp

    ARMENIA-IRAN PROJECT TO PRODUCE SOUTH CAUCASUS' MOST POWERFUL HPP

    http://armenianow.com/economy/40866/armenia_iran_hydropower_plant_meghri_groundbreakin g
    Economy | 06.11.12 | 14:53

    The Republic of Armenia and the Islamic Republic of Iran are planning
    to build the most powerful hydro power plant in the South Caucasus.

    The Meghri Hydro Electric Power Station is a joint project between
    the Armenian government and an Iranian company.

    Accordingly with the preliminary agreement, each of the stations
    is set to produce 793 million kilowatts of electricity. Meghri HPP
    capacity is estimated 130 Megawatts. The construction will last for
    five years and will cost $323 million , which will be invested by the
    Iranian investment company. Armenia is scheduled to return the invested
    money in 15 years time by supplying electricity through Meghri HPP's
    230 kilovolt transmission lines built by the Iranian company.



    From: Emil Lazarian | Ararat NewsPress
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