Joint energy programs with Iran a priority for Armenia

news.am
September 29, 2012 | 12:28

YEREVAN.- Joint energy programs with Iran are a priority for Armenia,
Deputy Energy Minister Ara Simonyan said in the parliament on
Saturday.

He stressed that developments over Iran and economic consequences
affected implementation of Armenia-Iran programs. Moreover, the
programs will require more financial resources. The construction of
Meghri hydro power station will cost $300 million and will be fully
funded by the Iranian side. About $10 million have been already spent
on geophysical and geotechnical survey operations.

Simonyan informed about a joint meeting of Armenian-Iranian
inter-government committee scheduled for October 22-25 in Armenia. The
sides will specify the start date for construction of hydro power
station.