Iranian company to construct hydropower plant in MeghriSeptember 16, 2010 - 19:12 AMT PanARMENIAN.Net - At September 16 sitting, the Armenian government ratified the offer on conclusion of a contract on construction of hydropower plant in Meghri jointly with Iranian company. Upon completion of 5-year construction, the hydropower plant will be put in 15-year commission. After the term of operation is finalized, the plant will be returned to the Armenian party without indemnity. “Conclusion of a contract will signify the start of an important investment program in Armenia,” Armenian Prime Minister Tigran Sargsyan stated. 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 | OSCE vows support for Armenia “in all three directions of security” Achieving stable peace between Armenia and Azerbaijan remains a priority of the OSCE, said Ian Borg. 151 detained as civil disobedience campaigns continue in Yerevan Citizens have been blocking streets in the Armenian capital, demanding Nikol Pashinyan’s resignation. Russia provides info about arrested Armenian ex-MP Russian law enforcement agencies have provided information about the arrest of Tigran Urikhanyan. Lemkin Institue slams Pashinyan's “cryptic engagement with Genocide denial” The Lemkin Institute is alarmed over Pashinyan’s statements “questioning Armenia's legal basis to pursue justice against Turkey”. |