  Iranian companies will take up Meghri Hydropower Station constructionApril 17, 2009 - 19:00 AMT PanARMENIAN.Net - Iranian companies will take up Meghri Hydropower Station construction, RA Minister of Energy and Natural Resources Armen Movsesyan told a news conference. According to him, the investments will be reimbursed by energy produced.In accordance with agreement signed in Iran, construction staff will include numerous Armenian professionals. In March 2007 Hydropower Station Construction agreement was signed between Armenia and Iran. The agreement stipulates for construction of two stations on Araks river. Meghri Hydropower Station construction expenditures will comprise $ 240 million.   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 |  Related sections Latest news Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
