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.