TEHRAN FINANCES CONSTRUCTION OF IRAN-ARMENIA HIGH-VOLTAGE LINE

Yerkir
19.05.2006 12:23

YEREVAN (YERKIR) – Iranian Import Development Bank is going to finance
construction of a third Iran-Armenia high-voltage line. The Bank gives
Armenian side lax credit at the rate of 85% of project cost for 5
years, a REGNUM correspondent was informed at Armenian Energy Ministry.

The third HVL is a twin-lead one; its estimated capacity totals
400 kWt, its length – 312 km. It is worth mentioning that Armenian
governmental delegation, headed by Armenian Energy Minister Armen
Movsisyan, is now on a work visit in Iran.