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Iran, Armenia, Georgia Sign MoU On Supply Of Electricity

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  • Iran, Armenia, Georgia Sign MoU On Supply Of Electricity

    IRAN, ARMENIA, GEORGIA SIGN MOU ON SUPPLY OF ELECTRICITY

    Islamic Republic News Agency, Iran
    Sept 30 2006

    Energy ministers of Iran, Armenia and Georgia signed a memorandum of
    understanding (MoU) in Yerevan on Saturday on an agreement for supply
    of electricity.

    The three ministers in the MoU stressed the importance of boosting
    their tripartite cooperation in the field of energy.

    Iranian Energy Minister Parviz Fattah said that based on the MoU Iran
    would supply electricity to Georgia via Armenia and vice-versa.

    He said that Iran will transfer some 50mw of electricity to Georgia
    within the next two to three months while Georgia would transfer the
    same amount in spring.

    The Iranian minister said that the exchange of electric power would
    be increased to 350mw in the next two years.

    He said that some 800mw of electricity have been imported into the
    country from Georgia this summer, adding that Iran now has the capacity
    to produce electricity more than domestic demand which it can export.
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