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Armenia applies benefits for Iran-Armenia electricity connection

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  • Armenia applies benefits for Iran-Armenia electricity connection

    The Messenger, Georgia
    Aug 13 2012


    Armenia applies benefits for Iran-Armenia electricity connection

    By Messenger Staff

    Monday, August 13
    The Armenian government submitted a special draft law for certain
    benefits for the electricity line connecting Iran with Armenia has
    been under the construction. The project will be exempted from
    Armenian taxes. It will be Armenia's investment into the project. The
    project is financed by Iran Development Bank which issued credit of 83
    million Euro for Armenia. So far there are two power lines connecting
    Iran and Armenia. The agreement of construction of third line was
    achieved in 2006.


    From: Baghdasarian
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