Iranian bank to finance construction of 3rd Armenia-Iran transmission lineSeptember 1, 2015 - 18:01 AMT PanARMENIAN.Net - Bank Saderat Iran will finance construction of the third Iran-Armenia power transmission line, worth €107 million, Panorama.am reports citing Iranian sources. According to Executive Director Ali Saleh Abadi, the bank will allocate €83 million to complete the project. The first batch of equipment and machinery necessary for the construction of power transmission line will be delivered to Armenia in the coming days. The 400kV transmission line is planned to be 279 km long. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |