Armenia, Iran to increase swap of electricity May 30, 2011 - 10:44 AMT PanARMENIAN.Net - Iran and Armenia will increase swap of electricity once the third power transmission line between the two neighboring countries is launched, Iranian Minister of Energy Majid Namjou said on Sunday, May 29. "The construction phase of the third power transmission line between the two countries will start in the next two weeks," Namjou told reporters on the sidelines of a meeting with Armenian Energy and Natural Resources Minister Armen Movsisian. He added the new line will bring the volume of power exchange between the two countries from the current 300mw to 500-800 mw. The minister said that over $110million of funding is needed for the construction of the new power transmission line. Movsisian, for his part, stated that the two neighboring countries have run successful energy cooperation for years, and reminded that many projects have been implemented in Armenia through Iran's cooperation, semi-official Fars News Agency reported. Iran and Armenia have expanded cooperation in power and gas swap in recent years. Iran mainly exports natural gas to Armenia and imports power supplies from the Caucasian state through two transfer lines with a total power transfer capacity of 220kw/ph at present.   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 About 32,000 rally in Yerevan to deman Pashinyan’s resignation  About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan.Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty.Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015.Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |
