Private investor interested in construction of Meghri hydro power plant in Armenia
18.01.2018,
12:09
Karen Karapetyan, Armenian prime minister, speaking Wednesday at a Q&A session in the National Assembly, said that he knows a private investor who showed interest in building a hydro power plant in Meghri, on the Armenia-Iran border.
YEREVAN, January 18. /ARKA/. Karen Karapetyan, Armenian prime minister, speaking Wednesday at a Q&A session in the National Assembly, said that he knows a private investor who showed interest in building a hydro power plant in Meghri, on the Armenia-Iran border.
He said that the matter has been discussed long years, but every time, when somebody expresses interest in the deal, the Iranian side does the same and resumes negotiations.
Earlier, Hayk Harutyunyan, Armenian deputy energy infrastructures and natural resources minister, said that Armenian and Iran are looking for a new investor for construction of the plant.
Although the agreement has taken force long ago, the Iranian company has invested nothing in the project. Therefore, the two countries are searching another company for investment.
In 2007, Armenian and Iranian governments signed a cooperation agreement to build two power plants in Meghri and Karachilar on both sides of Arax River.
The foundation-laying ceremony for the Meghri Power Plant took place on the border river on November 8, 2012. It was planned to complete the 130-megawatt plant construction by early 2016. The construction was estimated to cost $323-million and an average annual output was projected at 850 million kWh.
Later, environmental problems connected with the dwindling water in the river and the increasing water intake by Turkey, the projected output was revised downward to 10 megawatt.
The then agreement implied the plant handover to the Armenian side after 15 years of operation.
It was planned to involve 2,000 specialists and workers in the project. -0----
He said that the matter has been discussed long years, but every time, when somebody expresses interest in the deal, the Iranian side does the same and resumes negotiations.
Earlier, Hayk Harutyunyan, Armenian deputy energy infrastructures and natural resources minister, said that Armenian and Iran are looking for a new investor for construction of the plant.
Although the agreement has taken force long ago, the Iranian company has invested nothing in the project. Therefore, the two countries are searching another company for investment.
In 2007, Armenian and Iranian governments signed a cooperation agreement to build two power plants in Meghri and Karachilar on both sides of Arax River.
The foundation-laying ceremony for the Meghri Power Plant took place on the border river on November 8, 2012. It was planned to complete the 130-megawatt plant construction by early 2016. The construction was estimated to cost $323-million and an average annual output was projected at 850 million kWh.
Later, environmental problems connected with the dwindling water in the river and the increasing water intake by Turkey, the projected output was revised downward to 10 megawatt.
The then agreement implied the plant handover to the Armenian side after 15 years of operation.
It was planned to involve 2,000 specialists and workers in the project. -0----
