  New power line from Iran to Armenia, Georgia due to Europe December 10, 2011 - 10:43 AMT PanARMENIAN.Net - Senior Iranian energy officials said a new power line from Iran to Armenia and Georgia is due to send Iran's electricity through to Europe. According to Fars news agency, the completion of a 230 KW electric cable from Iran to Armenia will provide the possibility of connecting Iran's and Georgia's electricity network, whilst increasing the overall capacity to trade energy with Iran's neighbors to 400 KW, Iran's Deputy Energy Minister Mohammad Behzad said. Currently Georgia's electricity is routed through Azerbaijan. Armenia's Energy Minister welcomed the project last week and said it would triple the electricity exchanged between Armenia and Georgia. Iran and Azerbaijan are currently discussing a project to connect Iran's electricity network to Russia while talks are also under way with Turkey to connect Iran's grid to Lebanon in addition to plans to connect its network to Persian Gulf countries. If these talks are successful, Iran will be a strong electricity hub in the region. Turkmenistan, Turkey, Iraq, Afghanistan and Pakistan will all buy electricity from Iran. Iran's capacity to export electricity has increased 24 per cent since the implementation of its targeted subsidies program and is expected to earn $1 billion by the end of this year (Iran's solar year ends in March).   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty  Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza.Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations.Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |
