ArmInfo. The construction of a 400-kilovolt Iran-Armenia power transmission line will be completed before the end of the year. This was announced to journalists on December 10 by the Minister of Territorial Administration and Infrastructures Suren Papikyan.
According to him, recently the government approved the project for the construction of a 400/500-kilovolt power transmission line Armenia-Georgia and a number of electrical substations, which should also be commissioned by the end of 2021. The German bank KfW showed its participation in the construction project of power lines in the direction of Georgia. The implementation of this project, the minister continued, will allow the republic to become an important transit country not only for Georgia and Iran, but also for the countries of the Eurasian Economic Union and, in particular, the Russian Federation. Moreover, the capacities provided for in Armenia will provide such an opportunity. In addition, Armenia has been carrying out a barter deal "electricity for gas" with Iran for many years, and the creation of an electricity corridor will increase these volumes.
It should be noted that Armenia is carrying out a barter deal with Iran, according to which it receives 1 cubic meter of Iranian gas in exchange for supplying 3 kW / h of electricity in the opposite direction, which makes it possible to receive 1 kW / h of electricity almost free of charge. With the construction of a new, third power transmission line, these volumes will increase significantly. It is expected that electricity will also be involved in the exchange project from a new thermal block with a capacity of 250 MW, the start of construction of which was given on July 12 this year.
Earlier, ArmInfo reported that the Iranian company Sunir is the main contractor for the construction of a 400-kilovolt Iran-Armenia power transmission line. The total project cost is $ 107.9 million, of which 77% will be provided by the Iran Export Development Bank, and 23% by Sunir.
According to reports, the Iran-Armenia power line is built at 25% -30%. As for the Armenia-Georgia power transmission line, it is expected that by March 2020 work on design estimates will be completed, after which active construction work will begin. As part of the project in the Georgian direction, it is planned to build two electrical substations "Ddmashen" with a capacity of 400 kilovolts and an "Ayrum" with a capacity of 400/500 kilovolts. Moreover, the construction of power lines in the Georgian direction is envisaged to be carried out in several stages. The preliminary cost of the Armenia-Georgia power transmission line construction program, according to FICHTNER, will be 326.9 million euros, 10% of which should be part of Georgia's contribution. The first two stages of the program are estimated at 188.2 million euros. For these purposes, three loan agreements were signed in 2014-2015. In particular, the German bank KfW 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.