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IRAN TO MAKE LARGE INVESTMENT IN ARMENIAN POWER SECTOR
FARS News Agency
January 11, 2012 Wednesday
Iran
TEHRAN (FNA)- An Iranian consortium of private sector companies will
invest $571 million in two Armenian projects for the transmission
lines between the two states.
According to an Iran Daily report, the investments will raise the power
of hydroelectric power plant on River Aras to 1.7 gig watt annually.
The agreement was reached during the Iranian President Mahmoud
Ahmadinejad's recent visit to Armenia.
Iranian Minister of Energy Majid Namjoo stated that Iran will build
a pipeline to transfer gas to Armenia and will import energy from
neighboring state.
Earlier Iranian Foreign Minister Ali Akbar Salehi had told that
Armenian and Iranian sides had agreed on the trade list, which will be
exchanged on the lowest tariff and to enlarge the trans-border deals.
Besides, Armenia is an important neighbor of Iran.
FARS News Agency
January 11, 2012 Wednesday
Iran
TEHRAN (FNA)- An Iranian consortium of private sector companies will
invest $571 million in two Armenian projects for the transmission
lines between the two states.
According to an Iran Daily report, the investments will raise the power
of hydroelectric power plant on River Aras to 1.7 gig watt annually.
The agreement was reached during the Iranian President Mahmoud
Ahmadinejad's recent visit to Armenia.
Iranian Minister of Energy Majid Namjoo stated that Iran will build
a pipeline to transfer gas to Armenia and will import energy from
neighboring state.
Earlier Iranian Foreign Minister Ali Akbar Salehi had told that
Armenian and Iranian sides had agreed on the trade list, which will be
exchanged on the lowest tariff and to enlarge the trans-border deals.
Besides, Armenia is an important neighbor of Iran.