 Meghri hydropower plant to be put into operation in 5 years February 6, 2013 - 21:09 AMT PanARMENIAN.Net - Today, on Feb 6, Armenian National Assembly adopted the draft laws, discussed on Feb 5. Armenian Deputy Minister of Energy and Natural Resources Ara Simonyan briefed on the protocol on making amendments to the Armenian-Iranian agreement envisaging construction of a hydroelectric plant on River Arax. He noted that in 2007 Armenia and Iran signed an agreement on hydropower plant construction in Meghri on the Armenian side and Karachilare – on the Iranian side. In 2009, Armenian-Iranian memorandum of understanding was signed on Meghri hydropower plant funding project, with Tehran expressing readiness to purchase electricity from the Iranian investor throughout the investment refund period. On November 8, 2012 laying of the foundation stone of Armenian-Iranian Meghri hydropower plant took place Armenia’s Syunik province with President Serzh Sargsyan and head of Armenian-Iranian intergovernmental commission on economic cooperation, Iran’s Minister of Energy Majid Namjoo present. The plant is planned to be put into operation in five years. After completion of the construction, Iranian Farat-Sepasat company will assume the operation of the plant for 15 years, with the electricity to be supplied to Iran to cover-up the investments of the Iranian side. After the mentioned period, Armenia will take up the operation of the plant.   Top stories David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said. From September 21 to November 11, a total of 2,820 Russians registered at a place of residence in Armenia, the police has said. The situation on the contact line between Karabakh and Azerbaijan was relatively stable overnight, the Defense Army says.   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.U.S. believes peace is “possible” in South Caucasus The United States continues to believe that peace is possible in the South Caucasus, Vedant Patel said. |
