IranMania News, Iran
Sept 24 2005
“Iran builds thermal powerplant in Armenia”
Saturday, September 24, 2005 – ©2005 IranMania.com
LONDON, September 24 (IranMania) – Armenian Energy Minister said Iran
has invested $150 mln in construction of the fifth unit of the
thermal powerplant of “Razdan”, according to IRNA.
Speaking to reporters, Armen Movsisian said, according to the
contract, the Iranian side will finish the construction operation in
two years and the Armenian side will pay back the investment by
delivering electricity to Iran for a ten-year period.
He added Iran and Armenia will construct the third transferring high
voltage electricity line with a capacity of 1,200 mega watts.
Movsisian said the Armenian government, after considering many
options, chose the Iranian company as a contractor for the fifth unit
of Razdan Powerplant.
Concerning Iran’s gas pipeline to Armenia, Movsisian said the
construction operation is underway and it will be finished four to
five months before due time.
The gas pipeline was scheduled to be commissioned at the end of 2006.