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iran, armenia building joint hydropower plant

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  • iran, armenia building joint hydropower plant

    IRAN, ARMENIA BUILDING JOINT HYDROPOWER PLANT

    Global Times
    Nov 8 2012
    China

    By Agencies

    Iran and Armenia have started the construction of a joint hydroelectric
    power plant on the Aras River, Press TV reported Thursday.

    The ground-breaking ceremony was held Wednesday with the participation
    of Armenian President Serzh Sargsyan and Iranian Energy Minister
    Majid Namjou.

    With the completion of the project, some 1,700 megawatts of electricity
    will be generated annually for domestic use in Iran, said managing
    director of Iran's East Azerbaijan Regional Water Company, Arsalan
    Hashemi, according to the report.

    The project, constructed simultaneously in Armenia's Meghri and Iran's
    Qarachilar regions, is financed with 560 million and 500 million US
    dollars in credits respectively from Armenia and Iran, said Press TV.

    http://www.globaltimes.cn/content/743245.shtml

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