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ARMENIA, IRAN BUILD JOINT POWER PLANT
Payvand
Nov 8 2012
Iran
Source: VOA
Armenia and Iran have begun building a joint hydroelectric power
plant along their countries' shared border.
Armenian President Serzh Sarkisian and members of an Iranian delegation
led by Iran's energy minister, Majid Namjoo, attended a groundbreaking
ceremony for the plant Thursday on the Aras River, near the southern
Armenian town of Meghri.
The construction of the plant is expected to take five years and will
supply Iran with energy for the first 15 years of its operation before
being handed over to Armenia.
Iran is seeking increased trade as international sanctions tighten
over its disputed nuclear program. Armenia wants to increase ties
with Tehran due to long-term political disputes with two of its other
neighbors - Turkey and Azerbaijan - which have led to an economic
blockade and closed borders for the landlocked country.
Last month, the two countries agreed to increase economic cooperation,
boost bilateral trade and speed up joint projects, including the
hydroelectric plant, a power transmission line and a railway link.
http://www.payvand.com/news/12/nov/1062.html
Payvand
Nov 8 2012
Iran
Source: VOA
Armenia and Iran have begun building a joint hydroelectric power
plant along their countries' shared border.
Armenian President Serzh Sarkisian and members of an Iranian delegation
led by Iran's energy minister, Majid Namjoo, attended a groundbreaking
ceremony for the plant Thursday on the Aras River, near the southern
Armenian town of Meghri.
The construction of the plant is expected to take five years and will
supply Iran with energy for the first 15 years of its operation before
being handed over to Armenia.
Iran is seeking increased trade as international sanctions tighten
over its disputed nuclear program. Armenia wants to increase ties
with Tehran due to long-term political disputes with two of its other
neighbors - Turkey and Azerbaijan - which have led to an economic
blockade and closed borders for the landlocked country.
Last month, the two countries agreed to increase economic cooperation,
boost bilateral trade and speed up joint projects, including the
hydroelectric plant, a power transmission line and a railway link.
http://www.payvand.com/news/12/nov/1062.html