Iran to increase electricity trade with Armenia
By Fatih Karimov – Trend:
The construction of the third power transmission line between Iran and Armenia is completed by 20 percent, Masoud Hojjat, member of Iran Electrical Industry Syndicate (IEIS), said.
Once the project comes into stream, the power trade capacity between the two countries will increase from current level of 300 megawatts to 1,000 megawatts, Hojjat said, Iran’s Mehr news agency reported Aug. 20.
In August 2015, Iran and Armenia signed a contract worth 107.9 million euros for construction of the third power transmission line that would enable the two countries to exchange more electricity.
An Iranian bank has supplied over 83 million euros of project’s total cost, he said, adding the transmission line will be a part of an energy hub between Iran and Russia.
Once the project is completed, the electricity networks of Iran, Russia, Georgia and Armenia will be synchronized, he said.
Some 730 transmission towers will be installed in the 275-kilometer and two-circuit power transmission line, Hojjat added.
Iranian officials said in October 2015 that Armenia had already started work on a 400-kilovolt (kV) power transmission line in addition to a combined-cycle power plant, and that Yerevan had asked Tehran to supply the natural gas it needs to get the plant going.