29 Mar 2024
Monday 3 August 2015 - 16:46
Story Code : 174571

Iran, Armenia sign 107 million euro power line contract

A power line contract worth 107 million euros has been signed between Iran and Armenia.

The Export Development Bank of Iran offers 83 million euros in finances for the implementation of the project.

The agreement was signed during a visit to Yerevan by an Iranian delegation last week. The power line is expected to become operational in 18 months.

By IFP
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