Azerbaijan Seeks Iran's Help to Build Power Plants

Date: 21 October 2016 - 19:50

News ID: ۳۲۴۹۲

TEHRAN (FNA) - Baku called on Tehran to expedite the implementation of a plan according to which the two countries would cooperate on construction of power plants.
"The joint construction of new power plants by Azerbaijan and Iran will enhance energy stability in the region," Head of AzerEnergy JSC Etibar Pirverdiyev said.
In August, Iran’s lawmakers approved a bill on joint construction of two hydropower plants with Azerbaijan.
"This project is very important for both Azerbaijan and Iran,” Pirverdiyev said.
The bill authorizes the construction of the plants near the Aras River borderline in the Iranian town of Marazad and Azerbaijan’s Ordubad.
This was part of several topics that Iran and Azerbaijan agreed on in a basic agreement they signed in December 2015.
The document envisages cooperation in construction of power plants at Khoda Afarin and Qiz Qalasi dams on Aras river as well as the construction of Ordubad power plant on the Azerbaijani side and Marazad power plant on the Iranian side.
Iran and Azerbaijan have been recently increasing their cooperation in different areas. Iran’s President Hassan Rouhani visited Baku in early August for a tripartite summit that also involved Russia. During his stay in the Azeri capital, Iran and Azerbaijan signed a series of basic agreements to promote cooperation in several key areas.