Armenia finishes preparatory work for supplying power to<br /> Turkey<br />


Armenia finishes preparatory work for supplying power to
Turkey

  • 11-03-2009 18:00:00   | Armenia  |  Economy
YEREVAN, MARCH 11, NOYAN TAPAN. The Armenian side has finished preparatory work for supplying electric power to Turkey, and the power supply will start after the Turkish side completes a similar work, NT correspondent was informed by spokeswoman for the RA Ministry of Energy and Natural Resources Lusine Harutyunian. To recap, during the visit of the Turkish president to Yerevan in September 2008, Unit company (Turkey) signed an agreement with the RA ministry of energy and natural resources and High-Voltage Electric Networks of Armenia CJSC. Under the agreement, Armenia will supply power to Turkey. It envisages an annual export of 1.5 billion kwh through the city of Kars in the initial period. Along with the growth of capacities, it will be possible to increase exports to 3.5 billion kwh. The RA minister of energy and natural resources Armen Movsisian said in December 2008 that the agreements on power supply from Armenia to Turkey will take effect in the spring 2009. According to the Turkish company that has signed the respective agreement, it is doing preparatory work by the schedule, and no problem will arise. The minister stated that the delivery of power will start on time, noting that the Turkish side has no reason for suspicion.
  -   Economy