IRAN TO COMMENCE CONSTRUCTION OF POWER TRANSMISSION LINE WITH ARMENIA
TendersInfo
October 12, 2014 Sunday
Plans are in place to commence construction of a power transmission
line with Armenia within the next 3 months, said, Iran’s Deputy Energy
Minister Houshang Falahatian, referring to a contract stipulating
for Iranian gas supplies to Armenia in exchange for energy.
According to the official, construction of a new power transmission
line was recently discussed with Armenia, specifying the financing
sources. The Export Development bank of Iran will be offering funding
for the same.
With a period of next 3 months, preparations are to be finalized.
Construction of a line will be initiated enabling increased amounts
of energy and gas supplies.