Armenia to finish construction of Iran-Armenia overhead power line in a short period of time
YEREVAN, August 14. /ARKA/. The Armenian government has decided to complete the construction of the 400 kV Iran-Armenia overhead power line and a substation for it as soon as possible.
According to the government, this will mitigate future increases in electricity prices for end consumers.
The volume of mutual electricity flows between Armenia and Iran is expected to increase from 350 MW to 1,200 MW as a result. Additionally, the security, reliability, and sustainability of the Armenian energy system will improve, as will the opportunity to utilize the full capacity of the Iran-Armenia gas pipeline within the framework of the Gas for Electricity scheme.
In August 2023, Armenia and Iran extended the Gas for Electricity agreement until 2030, providing for increased gas imports and electricity exports.
Armenia has been receiving gas from Iran via the Iran-Armenia gas pipeline since May 15, 2009. Under the Gas for Electricity program, Iranian natural gas is processed into electricity on Armenian territory and shipped to Iran at a rate of 3 kWh per cubic meter of natural gas.-0-
