YEREVAN (Xinhua)—Armenia and Georgia will build a new 400-kw power line between the two countries in 2015, the Armenian Ministry of Energy said on Tuesday.
At a regular discussion on the draft national budget for 2015 in Armenia’s National Assembly, Deputy Minister of Energy Ara Simonyan said the cost of the pilot project is estimated at 330 million euros ($412 million), including 300 million euros ($375 million) for Armenia and 30 million euros ($37.5 million) for Georgia.
During the first phase of the project, an intermediate line will be built to serve as a link between the new line and two existing power lines connecting Armenia and Georgia, said the official.
Simonyan also mentioned the preparation of a program to construct the third Armenia-Iran power line with a capacity of 400 kw.
Great! Looking at the photo, it will be nice to spend some of the money on the road construction.
Armenia and Georgia have barely realized any of their potential in terms of neighboring countries cooperating with one another.
With Georgia soon to be within the Russian orbit such potentials will be realized.