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Interfax, Russia
Nov 8 2012
Armenia starts building HPP at border with Iran
YEREVAN. Nov 8
Armenia on Thursday began building the Meghri Hydro Power Plant by the
Aras River on the border with Iran, which will cost $323 million, the
Armenian Energy and Natural Resources Ministry reported.
Iran will start building a similar HPP on its territory in Garachilar.
The hydro power plants will be connected through drainage tunnels.
At the foundation stone ceremony for the new HPP, Armenian Energy
Minister Armen Movsisyan, said the Aras hydro complex would provide
both countries with additional electricity and encourage the
development of economic relations between them.
Armenian President Serzh Sarkisyan and Iranian Energy Minister Majid
Namjoo took part in the ceremony.
The project's feasibility study estimates capacity at the Meghri HPP
at 130 megawatts and expects it to produce 793 million kilowatt hours
of electricity per year. The project is being implemented by Iranian
company Tavan Aab Araz, which will resolve all financial and
organizational issues related to construction and operation of the
HPP.
Iran will fund the construction of Meghri HPP and Armenia will pay for
the investment in electricity: after the plant has been launched it
will be operated by Iranian company Farat-Sepasat for 15 years and the
electricity produced will go to Iran.
The foundation stone laying ceremony had been scheduled for August 22
2012, but it did not take place then due to a serious earthquake in
Iran on August 12.
Me
Nov 8 2012
Armenia starts building HPP at border with Iran
YEREVAN. Nov 8
Armenia on Thursday began building the Meghri Hydro Power Plant by the
Aras River on the border with Iran, which will cost $323 million, the
Armenian Energy and Natural Resources Ministry reported.
Iran will start building a similar HPP on its territory in Garachilar.
The hydro power plants will be connected through drainage tunnels.
At the foundation stone ceremony for the new HPP, Armenian Energy
Minister Armen Movsisyan, said the Aras hydro complex would provide
both countries with additional electricity and encourage the
development of economic relations between them.
Armenian President Serzh Sarkisyan and Iranian Energy Minister Majid
Namjoo took part in the ceremony.
The project's feasibility study estimates capacity at the Meghri HPP
at 130 megawatts and expects it to produce 793 million kilowatt hours
of electricity per year. The project is being implemented by Iranian
company Tavan Aab Araz, which will resolve all financial and
organizational issues related to construction and operation of the
HPP.
Iran will fund the construction of Meghri HPP and Armenia will pay for
the investment in electricity: after the plant has been launched it
will be operated by Iranian company Farat-Sepasat for 15 years and the
electricity produced will go to Iran.
The foundation stone laying ceremony had been scheduled for August 22
2012, but it did not take place then due to a serious earthquake in
Iran on August 12.
Me