Mehr news agency, Iran
Aug 18 2012

Iran, Armenia to build power plants together

The managing director of Iranian Water and Power Resources Development
Company, Mohammad-Reza Rezazadeh, has said that Iran and Armenia will
construct two power plants together, Mehr news agency reported on 18
August.

“Iran and Armenia will construct two 130-MW power plants together in
both countries,” Mehr quoted Rezazadeh as saying.

He was also quoted as saying that 15 years after the inauguration of
the power plants, they would become property of the country they were
constructed in.

From: Baghdasarian