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Construction Of Meghri Hpp To Begin In The Next 10-15 Days

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  • Construction Of Meghri Hpp To Begin In The Next 10-15 Days

    CONSTRUCTION OF MEGHRI HPP TO BEGIN IN THE NEXT 10-15 DAYS

    Vestnik Kavkaza
    Oct 25 2012
    Russia

    In the near future in Meghri the construction of a new hydroelectric
    power station will begin near the Aras river, close to the border with
    Iran. This was reported by the Armenian head of the Armenian-Iranian
    intergovernmental commission, the Minister for Energy and Natural
    Resources of Armenia, Armen Movsisyan, who added that construction
    of the dam will begin in the next10-15 days.

    "As the Iranian side proposed, in the next 10-15 days we will
    organize the ceremony of starting the construction of the Meghri HPP,"
    Movsisyan said after the signing of the Memorandum of Understanding
    on the results of the 11th session of the intergovernmental commission.

    The Iranian side expressed its willingness to increase funding for
    the project in order to address the rest of the issues for the early
    start of construction. "There is already a decision made by the Iranian
    government about raising the threshold for funding, and only small,
    private issues remain. We hope that in the near future we will see
    the start of construction," Iranian Energy Minister Majid Namdzhu
    said at the session of the commission.

    The agreement on the construction of a hydro-electric power plant on
    the Aras river was signed between Armenia and Iran in 2007. It is
    assumed that two powerful hydro-electric power plants in the South
    Caucasus would be built in Meghri (Armenia) and in Karachilare (Iran).

    Each of the two plants will produce 793 million kW/h per year.

    Preliminary construction costs will amount to about $323 million;
    an Iranian investment company will provide the funding for this.

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