Iran, Azerbaijan reach agreement on construction of power stations

Oil&Gas Materials 4 August 2006 17:27 (UTC +04:00)

Azerbaijan and Iran will build two power stations in the border with the Araz River, Azerenergy company told Trend. The resolution was made in the course of a meeting held in Tebriz between the representatives of the company and regional water company of East Azerbaijan region of Iran in Tebriz.

The two sides agreed upon construction of two power stations (every country in its territory) with the capacity of 36 MW, Ordubad Hydro-Power Station (Azerbaijan) and Marazadagh HPS (Iran). The water resources of the river will be used on parity basis, Marlen Asgarov, the Vice President of Azerenergy, told Trend.

Over 10 months the sides will hold topographic, geodesic and other types of researches in the areas allocated for construction and design the feasibility study of the projects.