Spanish company Cobra is interested in the program of construction of Meghri hydropower plant

ArmInfo. The Minister of Energy  Infrastructures and Natural Resources of Armenia Ashot Manukyan and  the regional director of the Spanish company "CBSA" Cobra Alejandro  Rodrigo discussed promising cooperation programs on February 16.

According to the press service of the department, the head of the  Ministry of Energy positively assessed the willingness of the Spanish  company to participate in the investment programs being implemented  in Armenia and the prospects for their development. Alejandro Rodrigo  presented Ashot Manukyan the activities of his company and presented  development priorities. The parties also discussed programs of  cooperation with Armenia in the energy sector. He stressed that the  company Cobra, which has more than 300 branches in various countries  of the world, also works in the energy sector, in particular,  specializes in the construction of hydro plants, heliostations and  power lines. The regional director of the company noted that the  company is interested in the program of construction of the Meghri  hydropower plant. The head of the Armenian Ministry of Energy  presented details regarding the program for the construction of the  hydroelectric power station. The minister stressed that an agreement  has been reached with the Iranian colleagues that, in case of  appropriate financing, the Armenian side can also involve the  participants in the project. A week earlier, at a press conference in  Yerevan, responding to a question by ArmInfo, Deputy Minister of  Energy Infrastructures and Natural Resources Hayk Harutyunyan stated  that in the coming weeks a delegation from Iran will visit Armenia,  with which the construction project on the Araks Meghri hydroelectric  power station will be discussed. 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.