Armenia Meghri HPP

The governments of Armenia and Iran announced the launch of an international tender to choose an investment company that will handle the construction of a 100 MW power plant that will straddle the border river Arax.

The agreement on the construction of the power plant was signed between Armenia and Iran back in 2007.

The construction of the power plant near the southern Armenian town of Meghri should be completed within 5 years, after which the electricity generated by the plant is to be shipped to Iran for 15-20 years through the 20 kilometer long high-voltage transmission line now under construction.