Tuesday, February 13 2018 17:04
Alexandr Avanesov

Armenia expects to build Meghri hydropower plant

Armenia expects to build Meghri hydropower plant

ArmInfo. In the coming  weeks, Armenia will be visited by a delegation from Iran, with which  the project of construction of the Meghri hydroelectric power station  on the border of the Araks River will be discussed. On February 13,  Deputy Minister of Energy Infrastructures and Natural Resources Hayk  Harutyunyan stated at the press conference in Yerevan, answering the  question of ArmInfo.

According to him, not only the structure of the future HPP will be  discussed, but also the scheme for financing the project. "The  Armenian side sets a task to build this station, it is a fairly large  investment program, which involves new participants," the deputy  minister stressed, expressing hope for positive results already this  year. He stressed that it was originally planned to build a 130 MW  hydroelectric power plant with a production capacity of 800 million  kW/h of electricity. But over the past 10 years, there have been  changes both in the resources of the waters of the Araks River and in  technologies. "Therefore, regular changes in numbers and volumes are  not ruled out," Hayk Harutyunyan stated.

The Meghri hydropower plant was previously considered the most  promising joint Armenian-Iranian project. Although the parties have  come to the final stage of the project and announced the start of  construction in November 2012, the work has not been started yet  because of the limitations of Tehran because of the sanctions. If the  project is completed, the station will become the largest in the  Transcaucasus. According to the project, the construction of a $ 323  million facility will be financed by the Iranian investment company.  Armenia will pay for its part of the project with electricity  produced at the hydroelectric station itself, and after 15 years the  hydroelectric power station will be transferred to the Armenian side.  While the Armenian-Iranian economic relations can not move from the  deadlock, after the lifting of sanctions, economic ties between  Tehran and Baku sharply intensified. The Iranian parliament approved  a bill on the joint construction of two hydroelectric power stations  with Azerbaijan. The bill allows construction of power plants near  the Araks River in the border area, in the Iranian city of Marazad  and the Azerbaijani city of Ordubad. The document provides for  cooperation in the construction of power stations at the dams of  Khoda Afarin and Gyz Galasy, on the Araks River, as well as the  construction of the Ordubad Power Station on the Azerbaijani side and  the power plant in Marazada on the Iranian side. The ArmInfo agency  reported that if the project is implemented, the water volumes for  the Meghri hydropower plant in Armenia may simply not be enough.  Earlier, adviser to the Minister of Energy Infrastructures and  Natural Resources of Armenia Areg Galstyan stated that due to  environmental problems related to the reduction of water volumes in  the Araks River, as well as the increase of water intakes from Turkey  in the northern part of Armenia, it was necessary to revise this  project in the direction of power reduction. If initially it was  planned to build two stations (Meghri - Armenia, Karachilar - Iran)  for 130 MW each and a total power generation of about 850 million kW  per year, now the option is considered with a capacity of 100 MW. In  this regard, the diameter of the tunnel has been changed, along which  water will flow between the two hydroelectric power stations.

POST A COMMENT
Input digits     


News
AraratBank and SIA: Ongoing Partnership for Social EntrepreneurshipAraratBank and SIA: Ongoing Partnership for Social Entrepreneurship
Team Telecom Armenia - WCIT2024/DigiTec technology partner: MoU  signedTeam Telecom Armenia - WCIT2024/DigiTec technology partner: MoU  signed
Armswissbank awarded “Leading Partner Bank in Armenia” third year in a row by ADBArmswissbank awarded “Leading Partner Bank in Armenia” third year in a row by ADB
Armenian startups to present their potential at DigiTecArmenian startups to present their potential at DigiTec
Preferential terms for import of 876 electric cars in effect in  Armenia Preferential terms for import of 876 electric cars in effect in  Armenia 
French FM visits Vedi reservoir construction site French FM visits Vedi reservoir construction site 
Moscow Domodedovo Airport named FLYONE ARMENIA punctual carrierMoscow Domodedovo Airport named FLYONE ARMENIA punctual carrier
SRC: Damage caused to state -155 million AMD SRC: Damage caused to state -155 million AMD 
UNWTO Secretary General: We add Armenia to the wine tourism mapUNWTO Secretary General: We add Armenia to the wine tourism map
Armswissbank became a principal member of Visa InternationalArmswissbank became a principal member of Visa International
Armenia`s real estate market is <in chocolate>Armenia`s real estate market is
Tourism investment guide developed for RA with support of UNWTOTourism investment guide developed for RA with support of UNWTO
Gevorg Papoyan: Most of the wines produced in Armenia more than meet  European standardsGevorg Papoyan: Most of the wines produced in Armenia more than meet  European standards
Official opening of VIII UN Global Conference on Wine Tourism takes  place in YerevanOfficial opening of VIII UN Global Conference on Wine Tourism takes  place in Yerevan
Armenia to abolish profit limit for military industry Armenia to abolish profit limit for military industry 
Yandex Money blocking customer accounts (wallets) at foreign  countries` request Yandex Money blocking customer accounts (wallets) at foreign  countries` request 
WB loan to enable reconstruction of three electric power substations WB loan to enable reconstruction of three electric power substations 
WB to support compulsory medical insurance in Armenia WB to support compulsory medical insurance in Armenia 
400 apartments will be raffled by an exceptional price as a result of the new cooperation between Ardshinbank CJSC and ML Mining400 apartments will be raffled by an exceptional price as a result of the new cooperation between Ardshinbank CJSC and ML Mining
RA IC names the cause of the explosion at the Hrazdan TPPRA IC names the cause of the explosion at the Hrazdan TPP
The Central Bank of Armenia has revised its GDP growth forecast for  2024 from the previous range of 6.8- 6.1% to a new range of 6.5-5.8%The Central Bank of Armenia has revised its GDP growth forecast for  2024 from the previous range of 6.8- 6.1% to a new range of 6.5-5.8%
Fines for inaccurate tax accounts to be imposed in Armenia Fines for inaccurate tax accounts to be imposed in Armenia 
Armenia to impose punishment for unsanctioned export on sensitive  goods to EAEU Armenia to impose punishment for unsanctioned export on sensitive  goods to EAEU 
Armenia, Hungary to continue developing cooperation in sectoral  directions along with active political dialogueArmenia, Hungary to continue developing cooperation in sectoral  directions along with active political dialogue
USA to double financial aid to Armenia USA to double financial aid to Armenia 
Central Bank of Armenia: Rising unemployment and low inflation are  the result of weak aggregate demandCentral Bank of Armenia: Rising unemployment and low inflation are  the result of weak aggregate demand
Armenia ratifies agreements on determining the origin of goods  exported from the EAEU and on warehouse certificates for agricultural  productsArmenia ratifies agreements on determining the origin of goods  exported from the EAEU and on warehouse certificates for agricultural  products
Armenia ratifies the CIS Free Trade agreement Armenia ratifies the CIS Free Trade agreement 
Armenia to become part of the International Solar AllianceArmenia to become part of the International Solar Alliance
Armenia`s CB further reduces refinancing rate, from 7.75% down to  7.5%Armenia`s CB further reduces refinancing rate, from 7.75% down to  7.5%
Idram: Infrastructure for Financial Institutions․ Idram for EveryoneIdram: Infrastructure for Financial Institutions․ Idram for Everyone
Armenia intends to join the e-CMR protocolArmenia intends to join the e-CMR protocol
Yerevan to host 3rd Eurasian Economic Forum Yerevan to host 3rd Eurasian Economic Forum 
IT specialists, miners and financiers earn 5 times more than teachers and doctors - Statistical Department of ArmeniaIT specialists, miners and financiers earn 5 times more than teachers and doctors - Statistical Department of Armenia
MP proposed eradicating the practice of illegally privatizing and then selling state propertyMP proposed eradicating the practice of illegally privatizing and then selling state property
Armenia`s foreign trade turnover increased by 95% thanks to   Armenia`s foreign trade turnover increased by 95% thanks to   "precious route" Russia - Armenia - UAE
Shares of two state-owned companies privatized, and 3.7 billion drams  transferred to the state and community budgets in 2023: Head of the  State Property CommitteeShares of two state-owned companies privatized, and 3.7 billion drams  transferred to the state and community budgets in 2023: Head of the  State Property Committee
In Armenia`s foreign trade, the share of precious metals and stones increased from 14% to 61% over the yearIn Armenia`s foreign trade, the share of precious metals and stones increased from 14% to 61% over the year
Nokia, Team Telecom Armenia open access to 25G PON services  throughout ArmeniaNokia, Team Telecom Armenia open access to 25G PON services  throughout Armenia
1,115 electric cars can be imported to Armenia at preferential  tariffs by 2024 end 1,115 electric cars can be imported to Armenia at preferential  tariffs by 2024 end 
Armenia intends to adopt Latvia`s experience in developing a  closed-loop economyArmenia intends to adopt Latvia`s experience in developing a  closed-loop economy
Armenia, Latvia to expand business ties Armenia, Latvia to expand business ties 
The Power of One Dram to The Power of One Dram to "Moonk" technoschool
An interdepartmental commission to support investment programs to be  established in ArmeniaAn interdepartmental commission to support investment programs to be  established in Armenia
Armenia`s external debt growing since July 2024Armenia`s external debt growing since July 2024
Motor Insurers` Bureau of Armenia is increasing the maximum threshold  under the European protocol to 400 thousand drams from September 18Motor Insurers` Bureau of Armenia is increasing the maximum threshold  under the European protocol to 400 thousand drams from September 18
Yerevan to host III Eurasian Economic ForumYerevan to host III Eurasian Economic Forum
Armenia`s economy and state competing for sooner collapse -  ex-official Armenia`s economy and state competing for sooner collapse -  ex-official 
Transfers` inflow to Armenia continues to declineTransfers` inflow to Armenia continues to decline
All non-public funds to be accountable to Armenia`s CB All non-public funds to be accountable to Armenia`s CB 
Armenia`s authorities plan bridge construction in Akhtala Armenia`s authorities plan bridge construction in Akhtala 
Armenia`s premier raises problem of low-quality electric energy  supply Armenia`s premier raises problem of low-quality electric energy  supply 
Armenian broker Invia Investments to provide access to trading on ITSArmenian broker Invia Investments to provide access to trading on ITS
Electric Networks of Armenia to invest AMD 296bln in upgrading grid  system by 2026Electric Networks of Armenia to invest AMD 296bln in upgrading grid  system by 2026
Delegates from 36 countries to attend UN Global Wine Tourism  ConferenceDelegates from 36 countries to attend UN Global Wine Tourism  Conference
Electric Networks of Armenia ever apolitical - board chairman Electric Networks of Armenia ever apolitical - board chairman 
Armenia`s authorities refrain from revising real estate prices for  taxation Armenia`s authorities refrain from revising real estate prices for  taxation 
Armenia s government works out programme of accumulating capacities  introduction in Armenia s energy sector Armenia s government works out programme of accumulating capacities  introduction in Armenia s energy sector 
Maiden nonstop flight from Armenia to China carried out Maiden nonstop flight from Armenia to China carried out 
Armenia`s international reserves go down  $3.411 blnArmenia`s international reserves go down  $3.411 bln
Read more
Exchange rates
16.09.2024
RUB4.25-0.01
USD387.19-0.04
EUR430.631.11
GBP510.822.50
CAD285.200.07
JPY27.630.10
CNY54.56-0.02
CHF458.381.79