Iran News ...


11/29/04

2nd Iran-Armenia electricity line to be launched

Tehran, Nov 29, IRNA -- A second line of the Iran-Armenia electricity network with a capacity of 230 kw is due to be inaugurated tomorrow.

Iranian Energy Minister Habibollah Bitaraf and his Armenian counterpart, Armen Movsisian, will be attending the inaugural ceremony.

"Electricity exchanges between the two countries will reach a total of 450 megawatts through this project," the managing director of the Iranian SANIR Electricity Company said on Monday.

Alireza Kadkhodaei said that the project costs 8.4 million dollars.

He also announced that the two countries' energy ministers are scheduled to sign an agreement for construction of a third line of the the two countries' electricity network.

Meanwhile, Iran and Armenia on May 13 signed an agreement to construct a 42-km gas pipeline between the Armenian cities of Megri and Kajaran.

The project is to be inaugurated during an upcoming visit of Energy Minister Bitaraf in Armenia.

The Iran-Armenia trade volume is expected to reach 10 billion dollars in the next 20 years with implementation of the above-stated project.

... Payvand News - 11/29/04 ... --



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