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ARMENIA AND IRAN TO LAUNCH CONSTRUCTION OF TWO HYDROPOWER PLANTS ON RIVER OF ARAX
arminfo
Thursday, October 25, 16:01
Construction of the Meghri HPP will be launched within 10-15 days on
the River of Arax bordering with Iran. Armenian Minister of Energy and
Natural Resources Armen Movsisyan made such statement Thursday summing
up the results of the 11th session of Armenia-Iran Intergovernmental
Committee in Yerevan.
He said that Iranian Co-Chair of the Committee, Energy Minister
of Iran Majid Namjoo offered launching the construction within the
given period of time. The Iranian minister said that all the problems
related the Meghri HPP project have been settled and there are no
longer any obstacles to construction. He said that Iran is interested
in implementation of the given and other big joint projects with
Armenia. The minister outlined three major joint projects: construction
of HPP, Iran-Armenia railway and Iran-Armenian power lines.
The foundation laying ceremony of the Meghri HPP was planned for Aug
22 2012, but was postponed because of the disastrous earthquake in
Iran on Aug 12. Due to the project, Meghri HPP will get additional
140MW designed capacity and generate up to 800mln kWh electricity
annually. This will allow integrating the energy systems of
Armenia and Iran, generating relatively cheap electric power, and
optimizing the costs. To recall, in mid-Nov 2010 Armenia and Iran
signed investment agreement on construction of 140MW HPP on Iranian
loan. The construction is to take 5 years. Iranian and Armenian
specialists estimate the project at $323 million on the Armenian
party. 2 power stations will be built on the river (one plant on
the territory each country). The plants will be connected with the
drainage tunnel. The agreement stipulates construction, management,
exploitation and transfer of the HPP to Armenia without compensation
in 15 years since the moment of exploitation. Armenia will return
the Iranian investments in terms of electric power supply.
arminfo
Thursday, October 25, 16:01
Construction of the Meghri HPP will be launched within 10-15 days on
the River of Arax bordering with Iran. Armenian Minister of Energy and
Natural Resources Armen Movsisyan made such statement Thursday summing
up the results of the 11th session of Armenia-Iran Intergovernmental
Committee in Yerevan.
He said that Iranian Co-Chair of the Committee, Energy Minister
of Iran Majid Namjoo offered launching the construction within the
given period of time. The Iranian minister said that all the problems
related the Meghri HPP project have been settled and there are no
longer any obstacles to construction. He said that Iran is interested
in implementation of the given and other big joint projects with
Armenia. The minister outlined three major joint projects: construction
of HPP, Iran-Armenia railway and Iran-Armenian power lines.
The foundation laying ceremony of the Meghri HPP was planned for Aug
22 2012, but was postponed because of the disastrous earthquake in
Iran on Aug 12. Due to the project, Meghri HPP will get additional
140MW designed capacity and generate up to 800mln kWh electricity
annually. This will allow integrating the energy systems of
Armenia and Iran, generating relatively cheap electric power, and
optimizing the costs. To recall, in mid-Nov 2010 Armenia and Iran
signed investment agreement on construction of 140MW HPP on Iranian
loan. The construction is to take 5 years. Iranian and Armenian
specialists estimate the project at $323 million on the Armenian
party. 2 power stations will be built on the river (one plant on
the territory each country). The plants will be connected with the
drainage tunnel. The agreement stipulates construction, management,
exploitation and transfer of the HPP to Armenia without compensation
in 15 years since the moment of exploitation. Armenia will return
the Iranian investments in terms of electric power supply.