Hakob Vardanyan to discuss issues related to construction of power  transmission line Iran-Armenia in Tehran

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.