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Joint energy programs with Iran a priority for Armenia

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  • Joint energy programs with Iran a priority for Armenia

    Joint energy programs with Iran a priority for Armenia

    news.am
    September 29, 2012 | 12:28


    YEREVAN.- Joint energy programs with Iran are a priority for Armenia,
    Deputy Energy Minister Ara Simonyan said in the parliament on
    Saturday.

    He stressed that developments over Iran and economic consequences
    affected implementation of Armenia-Iran programs. Moreover, the
    programs will require more financial resources. The construction of
    Meghri hydro power station will cost $300 million and will be fully
    funded by the Iranian side. About $10 million have been already spent
    on geophysical and geotechnical survey operations.

    Simonyan informed about a joint meeting of Armenian-Iranian
    inter-government committee scheduled for October 22-25 in Armenia. The
    sides will specify the start date for construction of hydro power
    station.

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