Iran to Build Hydropower Plant in Armenia

Iran's Energy Minister Hamid Chitchian


TEHRAN (FNA)—Iranian Energy Minister Hamid Chitchian announced that Tehran and Yerevan have finalized an agreement on the construction of a hydroelectric power plant in Armenia.

“The Memorandum of Understanding (MoU) for building a hydroelectric power plant in Armenia has been finalized and Iranian companies will start construction of the power plant soon,” Chitchian said in Tehran on Monday.

Elsewhere, he noted the “hi-tech and international reputation of Iranian water and power firms,” and said Iranian water-management and power plant construction companies are active in 41 regions around the world and even export a large amount of related products to other countries.

Iran and Armenia have taken major strides towards widening and deepening their relations in recent years, particularly in the economic sector.

Chitchian and his Armenian counterpart Yervand Zakharian in a meeting in Tehran in October voiced their countries’ willingness to enhance bilateral relations, particularly in the energy exchange sector.

During the meeting, Chitchian said that there had been good cooperation between the two countries over the past two decades in the field of energy.

He said the two sides agreed to launch the third energy transfer line between Iran and Armenia and construction of two hydro-electric power plants on both sides of the Aras River.

The Armenian minister, for his part, expressed the hope that work on the projects would begin soon.

Zakharian said that once these projects come on stream, energy exchange between Iran and Armenia would increase by two or three times.

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4 Comments

  1. Armenian said:

    I truly hope Iran and the West quickly establish relations with one another. Iran and Georgia could be our exit route from Russia’s catastrophic grasp and corrupting influence.

  2. edward demian said:

    Now this is what I’m talking about. Self sufficiency. A very good project. If only we could divert all the water outflow to Iran, so as to irrigate arid areas in northern Iran. The country could benefit of the constant foreign exchange, in the form of gas and Oil, Iran could benefit by irrigating previously uninhabited areas, and settle them with Persian speaking Iranians. There are too many Turkish speaking Iranians in the North, and they all think of themselves as Turkish or Azery. Although DNA test results shows them to be Iranians. That is a major long term security threat to Iran with serious and certain implications to Armenia and NK.

  3. Hratch Karamanoukian MD said:

    It’s a good project. I am glad they are going to utilize the tremendous hydroelectric power source in Armenia. This will also bolster trade and provide good jobs for the Armenians. Kudos to both countries.

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