ARMENIA, IRAN TO BEGIN CONSTRUCTION OF MEGHRI HYDRO POWER STATION
Energy Business Review
Nov 7 2012
The Islamic Republic of Iran in partnership with the Republic of
Armenia will break ground on the construction of the large Meghri
hydro electric power station on 7 November 2012.
The hydroelectric dam will be built on the Aras River, situated
proximal to the southern Meghri town on the Iran-Armenia border.
Governments of the two countries signed an agreement that stipulates
a hydro power complex to feature the two 130MW Ghare Chiler and Meghri
power stations on the Iranian side and Armenia side respectively.
Each station is projected to generate 793 million kwh of electricity
annually with construction expected to be completed five years from
the date of commencement, at an entailed cost of $323m.
An Iranian investment company will invest in the project, while Farab
Sepasad Company will undertake the construction.