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14 November 2012 - 14:35 AMT

Iran says Meghri hydropower plant unlinked to Karabakh issue

Hydropower plant construction on Iranian-Armenian border is unlinked to Nagorno Karabakh conflict, spokesman of Iran’s embassy to Azerbaijan said.

Dwelling on Azerbaijani media outlets slamming hydropower plant construction, Ayatullahi Sayyid Muhammad noted that the plant is being constructed in the direction of Iranian-Armenian border, on River Arax, next to Artsakh.

He further noted that the construction won’t pollute Arax waters. The construction project of the two hydropower plants in Meghri on the Armenian side and Karachilare – on the Iranian side has been readied by Iran’s Energy Ministry.

“Karachilare project implementation on Armenian-Iranian border envisages water drain into 17 km long channel,” Ayatullahi siad.

Laying of the foundation stone of Armenian-Iranian Meghri hydropower plant took place in Armenia’s Syunik province on November 8, with President Serzh Sargsyan and head of Armenian-Iranian intergovernmental commission on economic cooperation, Iran’s Minister of Energy Majid Namjoo present.

Armenia and Iran signed an agreement on hydropower plant construction on River Arax in 2007, the document being ratified by both parliaments in 2008. On December 23, 2011, presidents of both countries instructed the ministers to launch implementation of strategic projects on construction of oil pipeline, Iranian-Armenian railway, and hydro station on River Arax.

Armenia and Iran have agreed to build the two most powerful hydropower plants in the South Caucasus, with the HPPs to be located in Meghri on the Armenian side and Karachilare – on the Iranian side.

Each of the plans will annually generate 793 mln kWh electricity, with the Meghri station construction estimated at USD 323 mln.

After completion of the construction, Iranian Farat-Sepasat company will assume the operation of the plant for 15 years, with the electricity to be supplied to Iran to cover-up the investments of the Iranian side. After the mentioned period, Armenia will take up the operation of the plant.

Armenian-Iranian joint technical committee will coordinate the construction works.