ARMENIAN GOVERNMENT FORMS INTER-DEPARTMENT TASK FORCE TO MAKE
PREPARATIONS CONSTRUCTION OF ARMEnIAN-IRANIAN WATEr POWER PLANT

YEREVAN, JANUARY 10. ARMINFO. The Armenian Government is forming an
interdepartment task force to coordinate the efforts to design and
construct jointly with Iran a water power plant on the
Armenian-Iranian section of River Arax.

The governmental press service reports that the Government gives high
importance to the project and approves of the results of the Armenian
and Iranian energy ministries’ joint work to draft it. The task force
is to quarterly report on its work.

The project is estimated at $140 mln to be provided by Iran while
Armenia is to repay in electricity supplies. The plant’s estimated
capacity is 140 MW with yield of 841 mln KW/h a year.

From: Emil Lazarian | Ararat NewsPress