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June 4th, 2012 
FAKE NEWS for the Zionist agenda The agreement was reached during Iranian Energy Minister Majid Namjou’s one-day trip to Armenia on Saturday.
During the trip, Namjou conferred with his Armenia counterpart, Armen Movsisian, and the two sides agreed to begin the construction of the joint power plant on August 22, 2012.
According to the agreement, the hydroelectric power plant, which will straddle the border river, will have the capacity to produce 130 megawatts (MW) of electricity.
Construction of the power plant will begin simultaneously in Armenia’s Meghri and Iran’s Qarachilar regions.
During a separate meeting with Armenian President Serzh Sargsyan, Namjou submitted a letter from Iran’s President Mahmoud Ahmadinejad inviting Sargsyan to take part in the 16th Non-Aligned Movement (NAM) summit from August 26 to 31 in the Iranian capital, Tehran.
Earlier in January, Mir Fattah Ghareh Bagh, the managing director of Iran Grid Management Company (IGMC), said the country’s electricity exports to Armenia would increase upon the completion of the 400-kV power transfer line, which will connect Iran’s electricity network to the Armenian city of Agarak.
According to Iranian Deputy Energy Minister Mohammad Behzad, the new power transmission line will take Iran’s electricity to Georgia, Russia and Europe.
Iran is currently exchanging electricity with Afghanistan, Armenia, Azerbaijan, Iraq, Pakistan, Nakhichevan, Turkey and Turkmenistan.
The Islamic Republic seeks to become a major regional exporter of electricity and has attracted more than USD 1.1 billion in investments to build three new power plants.
SS/HGH/AZ
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