Tehran, Yerevan Underscore Completion of Energy Projects

Energy Minister Reza Ardakanian said on Tuesday Tehran and Yerevan need to boost efforts to complete their joint projects in the energy sector, including the third electricity transmission line.
Ardakanian made the statement in a meeting with Armenian Minister of Energy Infrastructure and Natural Resources Artur Grigoryan in Yerevan, Mehr News Agency reported.
Highlighting the importance of the northwestern neighbor as a gateway for power exchanges, the official urged Iran Power and Water Equipment and Services Export Company and Electric Networks of Armenia to increase pace.
Armenia is connected to Iran through two electricity lines and a third is under construction. According to reports, the new power line, to be completed by the end of 2018 at an estimated cost of $107 million, is part of an agreement signed by Iran, Russia, Armenia and Georgia to synchronize their power grids by 2019, paving the way for electricity exchange between the states.