Tehran, May 14, IRNA-Iran and Armenia on Saturday reached agreement in Tehran on building two power stations at the common frontier of the two countries.
The decision was taken at the seventh meeting of the joint technical commission which was attended by deputy head of Iran's Water and Energy Resources Company for development projects Nasser Nemati and Armenian deputy minister of energy, Karen Sarkisian.
At the meeting, Nemati said, "Given the 40-km Iran-Armenia common border across the Aras river, the two sides decided to use the relevant hydroelectric potential."
A report released by the Public Relations Department of Iran's Water and Energy Resources Company quoted Nemati as saying that based on the agreement, the first power station with a production capacity of 130 MWs will be established in Armenia by building an 18.3-km tunnel.
"The second one with a capacity of 140 MWs will be constructed in Iran. A 17.5-km tunnel is required to be set up for the second power station," added the report.
It added that the preliminary studies on the first phase of the second project is currently underway.
"Five documents have already been mutually signed and necessary talks on expediting the settlement of the current problems have been held," concluded the report.
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