The Azerbaijan State News Agency

ECONOMY

POWER TRANSIT FROM IRAN TO NAKHCHIVAN STARTED

07.08.2004 [11:03]
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Electricity transit from Julfa in Iran to Nakhchivan enclave started officially yesterday evening in presence of high-ranking officials from Iran and the Republic of Azerbaijan.

Abdolreza Golkar, director of Public Relations Department of Azerbaijan Regional Electricity Company told Petroenergy Information Network that the ceremony was attended by the Iranian Oil Minister Habibollah Bitaraf and Azeri authorities.

Also, managing director of Azerbaijan Regional Electricity Company, Fattah Qarabagh announced that the project followed a bilateral agreement between officials from Iran's Tavanir Company and Azerbaijan's Azerenergy.

Based on the agreement, Azerbaijan Regional Electricity Company was supposed to pave the way for the exchange of 30 MW of electricity with Azerbaijan through 132-kv electricity post of Julfa and construction of a connecting 132-kv line by late December.