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MEGHRI HYDROPOWER PLANT TO BE PUT INTO OPERATION IN 5 YEARS
February 6, 2013 - 21:09 AMT
PanARMENIAN.Net - Today, on Feb 6, Armenian National Assembly adopted
the draft laws, discussed on Feb 5.
Armenian Deputy Minister of Energy and Natural Resources Ara Simonyan
briefed on the protocol on making amendments to the Armenian-Iranian
agreement envisaging construction of a hydroelectric plant on River
Arax.
He noted that in 2007 Armenia and Iran signed an agreement on
hydropower plant construction in Meghri on the Armenian side and
Karachilare - on the Iranian side. In 2009, Armenian-Iranian memorandum
of understanding was signed on Meghri hydropower plant funding project,
with Tehran expressing readiness to purchase electricity from the
Iranian investor throughout the investment refund period.
On November 8, 2012 laying of the foundation stone of Armenian-Iranian
Meghri hydropower plant took place Armenia's Syunik province with
President Serzh Sargsyan and head of Armenian-Iranian intergovernmental
commission on economic cooperation, Iran's Minister of Energy Majid
Namjoo present.
The plant is planned to be put into operation in five years. After
completion of the construction, Iranian Farat-Sepasat company will
assume the operation of the plant for 15 years, with the electricity
to be supplied to Iran to cover-up the investments of the Iranian
side. After the mentioned period, Armenia will take up the operation
of the plant.
http://www.panarmenian.net/eng/news/144622/Meghri_hydropower_plant__to_be_put_into_operation_ in_5_years
February 6, 2013 - 21:09 AMT
PanARMENIAN.Net - Today, on Feb 6, Armenian National Assembly adopted
the draft laws, discussed on Feb 5.
Armenian Deputy Minister of Energy and Natural Resources Ara Simonyan
briefed on the protocol on making amendments to the Armenian-Iranian
agreement envisaging construction of a hydroelectric plant on River
Arax.
He noted that in 2007 Armenia and Iran signed an agreement on
hydropower plant construction in Meghri on the Armenian side and
Karachilare - on the Iranian side. In 2009, Armenian-Iranian memorandum
of understanding was signed on Meghri hydropower plant funding project,
with Tehran expressing readiness to purchase electricity from the
Iranian investor throughout the investment refund period.
On November 8, 2012 laying of the foundation stone of Armenian-Iranian
Meghri hydropower plant took place Armenia's Syunik province with
President Serzh Sargsyan and head of Armenian-Iranian intergovernmental
commission on economic cooperation, Iran's Minister of Energy Majid
Namjoo present.
The plant is planned to be put into operation in five years. After
completion of the construction, Iranian Farat-Sepasat company will
assume the operation of the plant for 15 years, with the electricity
to be supplied to Iran to cover-up the investments of the Iranian
side. After the mentioned period, Armenia will take up the operation
of the plant.
http://www.panarmenian.net/eng/news/144622/Meghri_hydropower_plant__to_be_put_into_operation_ in_5_years