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IRAN, ARMENIA START BUILDING JOINT HYDRO-ELECTRIC POWER PLANT
Press TV
Nov 8 2012
Iran
Iran and Armenia have started the construction of a joint
hydro-electric power plant (HPP) on the Aras River, which borders
the two countries.
The construction of the plant started on Wednesday in a ceremony
attended by Armenian President Serzh Sarksyan and Iran's Energy
Minister Majid Namjou.
With the completion of the project, some 1,700 megawatts of electricity
will be generated annually for domestic production in Iran, said
managing director of East Azarbaijan Regional Water Company, Arsalan
Hashemi.
According to Hashemi, the HPP has the capacity to produce 260 megawatts
and includes two 130-megawatt plants, one in Iran and the other one
in Armenia.
The project is financed with USD 560 and 500 million in credits
respectively from Armenia and Iran.
Iran and Armenia agreed to build the joint plant during Namjou's
one-day trip to Armenia in June.
The plant is being constructed simultaneously in Armenia's Meghri
and Iran's Qarachilar regions.
AR/HJL/MA
Press TV
Nov 8 2012
Iran
Iran and Armenia have started the construction of a joint
hydro-electric power plant (HPP) on the Aras River, which borders
the two countries.
The construction of the plant started on Wednesday in a ceremony
attended by Armenian President Serzh Sarksyan and Iran's Energy
Minister Majid Namjou.
With the completion of the project, some 1,700 megawatts of electricity
will be generated annually for domestic production in Iran, said
managing director of East Azarbaijan Regional Water Company, Arsalan
Hashemi.
According to Hashemi, the HPP has the capacity to produce 260 megawatts
and includes two 130-megawatt plants, one in Iran and the other one
in Armenia.
The project is financed with USD 560 and 500 million in credits
respectively from Armenia and Iran.
Iran and Armenia agreed to build the joint plant during Namjou's
one-day trip to Armenia in June.
The plant is being constructed simultaneously in Armenia's Meghri
and Iran's Qarachilar regions.
AR/HJL/MA