Energy Sector Milestones: Armenia Advances Key Power Infrastructure

| News, Economy, Armenia

Armenian Ambassador to Iran Grigor Hakobyan met with Iranian Minister of Energy Abbas Aliabadi to discuss bilateral energy cooperation, with both sides emphasizing the need to complete the third Iran–Armenia high-voltage power transmission line.

According to a readout from the Armenian Embassy in Iran, both parties highlighted the strategic importance of the energy partnership and the urgency of advancing joint infrastructure projects. The power line is a central element of the Armenia–Iran energy exchange program and has long been a priority on the bilateral agenda.

Meanwhile, Armenian Minister of Territorial Administration and Infrastructures Davit Khudatyan reported on national energy sector progress during a parliamentary committee hearing on the 2024 budget performance. According to Khudatyan, 96.2% of the 19 billion drams allocated to the energy sector – or 18.3 billion drams – has already been spent.

A total of 14.2 billion drams was allocated to one of the largest infrastructure projects in Armenia’s energy sector. Key undertakings nearing completion include the reconstruction of the Zovuni, Ararat-2, and Shinuhayr 220kW high-voltage substations, all of which are now operational.

Khudatyan notedthat construction of the 400kW Iran–Armenia transmission line and its substation is about 80% complete and progressing steadily.

Beyond transmission infrastructure, the Masrik-1 solar power plant – with a capacity of 55 megawatts – has been completed and is undergoing final testing following its connection to the national grid.

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