BAKU, Azerbaijan, April 17. Iran and Azerbaijan have reached agreement to continue the construction and operation of the Khudafarin and Giz Galasi hydro junctions and hydroelectric power plants over the Araz River on the border between the two countries, Trend reports citing Iran’s East Azerbaijan Province Regional Water Company’s website.
In this regard, with the participation of members, the second meeting of the Joint Technical Commission of Azerbaijan and Iran was held at the Giz Galasi dam in the East Azerbaijan Province.
During the meeting, an agreement was reached on the implementation of pre-agreed documents on Khudafarin and Giz Galasi hydro junctions and hydroelectric power plants, as well as, the continuation of work on hydro junctions and the power plants, and the identification of investments and contractors.
Also, the agreement was reached to spend over $22 million to complete the work, as well as to determine the contract for power plants in accordance with database contract.
It is projected that contractors will be identified and related work will begin in the next four months.
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