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Iran, Armenia To Cooperate In Construction Of Hydro, Wind Generators

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  • Iran, Armenia To Cooperate In Construction Of Hydro, Wind Generators

    IRAN, ARMENIA TO COOPERATE IN CONSTRUCTION OF HYDRO, WIND GENERATORS

    IRNA - Islamic Rep. News Agency, Iran
    December 19, 2014 Friday

    Tehran

    Iran and Armenia will cooperate in various economic fields, including
    construction of hydro and wind generators, power transfer lines,
    Aras River environmental protection issues, railway construction,
    and mines' exploration.

    Iranian Energy Minister Hamid Chitchian announced the news on Tuesday
    evening on the sidelines of the Iran-Armenia 12th Joint Economic
    Cooperation Commission in Tehran.

    "Four committees of the commission focused on cooperation in banking,
    financial, and investment, transportation, rural development,
    agricultural, cultural, tourism, health, oil and gas, water, and
    environmental issues, and a special joint committee was established
    to focus on the construction of a hydro electrical power generator
    over the Aras River," said Chitchian.

    Voicing satisfaction over the outcomes of this round of talks,
    the Iranian minister expressed the hope that the joint commission's
    general achievement will further broaden the two countries' economic
    and financial transactions.

    The Armenian Energy and Natural Resources Minister Yerevan Zakharian,
    too, referred to the articles of the two countries' economic
    cooperation agreement, particularly in energy field.

    "We hope the major part of the agreed issues, especially the Magri
    hydro electrical power generator, will be implemented as of the
    beginning of the next month," he added.

    Minister Zakharain said that presently Armenia is transferring one
    billion kilowatt hours of electricity each year to Iran, expressing
    hope that that amount will increase after the completion of the third
    power transfer line between the two countries.

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