Iran, Armenia Sign Agreement On Power Plant Construction

IRAN, ARMENIA SIGN AGREEMENT ON POWER PLANT CONSTRUCTION

Fars News Agency
June 25 2008
Iran

TEHRAN (FNA)- Iran’s Deputy Energy Minister and Armenia’s Energy and
Natural Resources Minister signed two Memoranda of Understandings
(MOUs) on construction of a hydro-electric power plant on Aras River.

According to a report by Islamic Republic of Iran’s Embassy in
Armenia on Monday, Rasoul Zargar, Iran’s Deputy Energy Minister in
Water Affairs, discussed the outlook of cooperation between Iran and
Armenia concerning generation of electricity and issues related to
construction of a hydro-electrical power plant on Aras River with
the Armenian Energy and Natural Resources Minister Armen Movsisyan
and his deputy in Armenia’s capital city, Yerevan.

The principle agreement on construction of Aras hydro-electrical
power plant was signed during President Ahmadinejad’s state visit to
Armenia in the year 2006.