ArmInfo.Deputy Minister of Territorial Administration and Infrastructures of Armenia Hakob Vardanyan will visit Tehran on August 23-26 to discuss issues related to the construction of the third 400-kV Iran-Armenia power transmission line.
It should be noted that the project for the construction of the North-South energy corridor, designed to unite the electric power systems of Iran, Armenia, Georgia and Russia, encountered a number of problems. Initially, construction projects 400/500 - kilovolts of power transmission line Iran-Armenia and Armenia- Georgia were supposed to be completed by the end of 2019.
Meanwhile, as of today, the work on the Iran-Armenia power transmission line has been completed by 20- 25%, and the construction of the Armenia-Georgia power transmission line has not yet begun. According to the project, it is planned to build a 400-kV Iran-Armenia power transmission line and 500 kV Armenia- Georgia. For this purpose, it is planned to build 2 electrical substations "Ayrum" and "Ddmashen" on the Georgian border. The preliminary cost of the Armenia-Georgia transmission line construction program, according to FICHTNER, is 326.9 million euros, 10% of which should be part of Georgia's contribution. For these purposes, three loan agreements were signed in 2014-2015.
In particular, the German KfW bank allocated 168 million euros in the form of a loan, another 10 million euros will be provided by the European Investment Bank. It is expected to receive another 10 million euros in the form of a grant from the European Commission. As for the Iran-Armenia high-voltage power transmission line, the project is financed by the Iranian side, the total cost of the program is $ 107 million. However, given the new sanctions imposed by the United States against Iran, there is concern about a reduction in the volume of this investment program.