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ARMENIAN PARLIAMENT PERMITS DELIVERY OF EQUIPMENT FOR MEGHRI HYDROPOWER PLANT
http://vestnikkavkaza.net/news/economy/36781.html
7 February 2013 - 4:19pm
Armenia's parliament ratified today a set of amendments to an
Armenian-Iranian protocol on construction and management of hydropower
plants on the River of Arax signed on December 23, 2011. The amendments
relate to supply of equipment for launching the construction of a
hydropower plant near the Armenian border town of Meghri, reports ARKA.
A Deputy Armenian Minister of Energy and Natural Resources, Ara
Simonyan, said the design phase is ending and will be followed by
the equipment purchasing phase.He said the process of ordering,
purchasing and delivery of equipment worth about 20 million euros
will take at least one year.
A special ground breaking ceremony for the construction of hydropower
plant with a capacity of 130 MW and at a cost of $ 323 million was
held on November 8 last year. It was attended by Armenian president
Serzh Sargsyan.
According to the agreement, signed back in 2007, the hydroelectric
power plant, which will straddle the border river, will have the
capacity to produce 130 megawatts (MW) of electricity. Construction
of the power plant began simultaneously in Armenia's Meghri and Iran's
Qarachilar. Each of the stations will annually produce 793 million kW /
h of electricity.
According to Iranian officials, , the construction will last for
five years and is estimated to cost $323 million. The money will be
invested by Iranian investment company.
According to Armenian energy and natural resources minister Armen
Movsisyan, this project will give an additional boost to economic
development of the region and also a fresh impetus to improving the
efficiency of bilateral economic programs.
http://vestnikkavkaza.net/news/economy/36781.html
7 February 2013 - 4:19pm
Armenia's parliament ratified today a set of amendments to an
Armenian-Iranian protocol on construction and management of hydropower
plants on the River of Arax signed on December 23, 2011. The amendments
relate to supply of equipment for launching the construction of a
hydropower plant near the Armenian border town of Meghri, reports ARKA.
A Deputy Armenian Minister of Energy and Natural Resources, Ara
Simonyan, said the design phase is ending and will be followed by
the equipment purchasing phase.He said the process of ordering,
purchasing and delivery of equipment worth about 20 million euros
will take at least one year.
A special ground breaking ceremony for the construction of hydropower
plant with a capacity of 130 MW and at a cost of $ 323 million was
held on November 8 last year. It was attended by Armenian president
Serzh Sargsyan.
According to the agreement, signed back in 2007, the hydroelectric
power plant, which will straddle the border river, will have the
capacity to produce 130 megawatts (MW) of electricity. Construction
of the power plant began simultaneously in Armenia's Meghri and Iran's
Qarachilar. Each of the stations will annually produce 793 million kW /
h of electricity.
According to Iranian officials, , the construction will last for
five years and is estimated to cost $323 million. The money will be
invested by Iranian investment company.
According to Armenian energy and natural resources minister Armen
Movsisyan, this project will give an additional boost to economic
development of the region and also a fresh impetus to improving the
efficiency of bilateral economic programs.