Newsfeed

World-Known Pianist Evgeny Kissin is to Perform in Yerevan

Beeline Smart - one of the Most Sold Phones in Armenia

Eurovision-2015: Mary-Jean O'Doherty Vasmatzian the Fifth Participant of "Genealogy"

Nairit Plant employees threaten to sit on hunger strike unless their salaries are paid

Armenian Culture Ministry elaborates a law "On Cinematography"

RF Prosecutor General: Valery Permyakov cannot be transferred to Armenia, as he is a citizen of Russia

Gagik Mkrtchyan: Our country not only can but also should develop industrial production

Access to ACBA-ONLINE system now possible through Token APP

Armenian soldier killed on Line of Contact

Beeline Opened a New Sales and Service Office in Sevan

Zhirayr Sefilyan does not want to comment on Levon Ter-Petrosyan's statements

Comrades-in-Arms of Albert Safaryan have been Detained Based on the Case of the Soldier's Suicide

Karine Danielyan: Oil and gas prospecting near Sevan will be devastating for the lake

Gallup: 43% of Armenia's citizens consider unemployment to be the most topical problem

GALLUP: Top three brightest oppositionists in Armenia: Zaruhi Postanjyan, Raffi Hovannisian and Nikol Pashinyan

Yerevan to host 15th meeting of CIS Council for Rail Transport (CRT) Passenger Commission

Assassination of Hrant Dink was a crime of forethought

NKR Defense Army repels another sabotage attack by Azerbaijan: two Armenian soldiers killed

NKR Defense Army servicemen neutralize three Azeri soldiers

Levon Ter-Petrosyan: ANC cancels all 15 rallies to be held till April 24

Bako Sahakya urges sooner investigation of incident near Berdzor

Levon Zurabyan: It is a Misfortune for Armenian Citizens to Have a parliament Speaker Like Galust Sahakyan

Central Bank of Armenia responds to criticism of those against toughening of the CBA's new requirement to commercial banks' minimum total capital

Orange introduces more convenient conditions for prepaid customers

Beeline Launched Services "Russian 20" and "Russian 35"

Eurovision-2015: Stefanie Topalian from Japan Has Become the 4th Member of the Band "Genealogy"

Paruyr Hayrikyan and Founding Parliament have disagreements

Attorney: Volodya Avetisyan is Determined to turn to the European Court of Human Rights

Brandy export from Armenia in 2014 down 1,2% thanks to devaluation of the Russian rouble

Armenians consume more vodka, overwhelmingly made in Russian

Zhirayr Sefilyan calls on Armenian public to stop paying fines for violation of traffic rules

Expert: The propaganda bluff cannot cast shadow upon the relations between the Jewish and Armenian peoples

Further cooperation of Armenian National Congress with Prosperous Armenia Party depends on the latter's plans: MP

Heritage Party leadership not to attend March 1 rally of Armenian National Congress

Congresswoman Judy Chu Commemorates Anti-Armenian Massacres

Another Armenian killed in shelling in Aleppo

South Dakota becomes the 43rd state to recognize the Armenian Genocide

Amnesty International says Armenia's law enforcement did not conduct effective investigation in Shant Haroutiunyan case

Activist faces indictment in Gyumri, Armenia

Energy Ministry: Armenian minister will travel to Tehran shortly to discuss problems emerging in the Iran- Armenia Power Lines project

  • by Ashot Safaryan

  • Monday, June 2, 16:07

 Minister of Energy and Natural Resources of Armenia Yervand Zakharyan will make a working trip to Iran to discuss the project of the third Power Line Iran- Armenia along with other issues. The statement came from Deputy Minister of Energy and Natural Resources Ara Simonyan in the Parliament, Monday.

He said the Islamic Republic of Iran gradually overcomes the difficulties with the Western sanctions, which is a good impetus to resume the project of Iran-Armenian Power Lines.  The deputy minister hopes minister Zakharyan will manage to settle all the problems connected with implementation of the given project.
Meanwhile, Director General of High-Voltage Power Lines State CJSC Sahak Abrahamyan told ArmInfo Iran refuses to fund the construction of the third power line Iran-Armenia because of some problems with the Armenian settlement bank. According to him, the invoice was submitted, but financing has not been provided yet. "We have not received financing on the basis of the first invoice we submitted yet a year ago. The Iranian party claims that the problem is connected with one of the Armenian banks through which the credit program was to be implemented. Financial problems are not connected with the West's sanctions against Iran," Abrahamyan said.

To recall, the project costs 107.9 million EUR. Iran was to provide the given amount in terms of a loan, including the 83.083 mln EUR loan signed in Sept 2011 and additional 24.817 mln EUR - in April 2012.  Under the loan agreement, the construction of the third power line is to be completed within 18 months since the moment of      financing. 

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields