IRAN AND ARMENIA TO BUILD HYDRO POWER PLANT ON ARAX RIVER
Armenpress
Dec 25 2006
YEREVAN, DECEMBER 25, ARMENPRESS: Armenian energy minister Armen
Movsisian said last week the feasibility plan for construction of
a hydro power plant on the border River of Arax separating Armenia
form Iran was ready. He said the construction was set to start early
next year.
He said the hydro power plant, which will be located near the southern
Armenian town of Meghri, will have a 130-140 megawatt capacity to
generate annually about 850 million kilowatt/hours electricity.
Movsisian said it will be a unique hydro power plant in this region
to benefit both Iran and Armenia.
He said the beneficial legal framework and the tariff policy have
made construction of small hydro power plants a very attractive
business. Armenia has now 50 small hydro power plants and another 50
are being constructed.
The minister said also Armenian power grid will be used for a swap of
electricity between Georgia and Iran. To that end a third Iran-Armenia
power transmission line is being built.