Iran and Armenia agreed on construction of two electric power….

IRAN AND ARMENIA AGREED ON CONSTRUCTION OF TWO ELECTRIC POWER STATIONS ON RIVER ARAKS

Pan Armenian News
16.05.2005 03:22

/PanARMENIAN.Net/ Representatives of Iran and Armenia achieved
agreement on construction of two electric power stations on River Araks
at the common border of the two states. As the Iranian Company of Hydro
Resource Development informed, the appropriate decision was taken in
Tehran during the Seventh Sitting of the Joint Technical Committee
of Iran and Armenia held with the participation of Company’s Project
Assistant Naser Nemati and Armenian Deputy Energy Minister Karen
Sargsian. “As the common water border of Armenia and Iran stretches for
40 kilometers the parties decided to use the potential of the ricer”,
Nemati said. “In accord with the agreement the first plant with the
capacity of 130 Megawatt and an 18.3-kilometer tunnel will be built
at the Armenian territory while the second plant with the capacity
of 140 Megawatt and 17.5- kilometer tunnel will be built in Iran.
Presently the preparatory works are being carried out. By to date five
projects have been already approved and the essential consultations
on the soonest elimination of the problems available have been held”,
he added, Irna agency reports.