Loan Project of Construction of Iran-Armenia 400kV third - PowerPoint Presentation

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Uploaded On 2017-06-06

Loan Project of Construction of Iran-Armenia 400kV third - PPT Presentation

Noravan 40022020 kV and related substation Terms and conditions of Provided Investment Facilities Based on the Memorandum of Mutual Understanding signed on May 17 2006 between the Republic of Armenia and the Islamic Republic of Iran a Contract ID: 556413

armenia project 00000 power project armenia power 00000 construction iran 400kv implementation energy substation transmission contract republic otl 2017

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Slide1
Slide2

Loan Project of Construction of Iran-Armenia 400kV third power transmission line (“

Noravan

’’ 400/220/20 kV

) and related substation Slide3

Terms and conditions of Provided Investment Facilities

Based on the Memorandum of Mutual Understanding signed on May 17, 2006 between the Republic of Armenia and the Islamic Republic of Iran a Contract

(N4777/85EPC)

was signed between SUNIR Company and Ministry of Energy and Natural Resources of RA “High Voltage Electric Networks’’ CJSC for “Design, Engineering, Procurement of Goods and Equipment, Supply and Construction of Iran-Armenia 400kV third power transmission line” (hereinafter Project). The Project cost

is 107,9 mln

. Euro. The financing of 77% of Contract total price will be carried out by the Export Development Bank of Iran (EDBI).

(Financial Agreement

N900/M/ARM/09, 26.07.2011

), and

23% (24,8 Euro) by Company «SUNIR International FZE» (Bond Contract N1390/1195/57175, 23.02.2012) Slide4

The length of OTL is 268 km, the number of towers are 706.

The construction works of Project were kicked-off on August 2012

but they had been suspended at the beginning of 2013.

On August 9, 2015 EDBI has recommenced financing and as a

recommencement date was defined 01.09.2015.

Signing of additional Contract of financing recommencement with

EDBISlide5

Project Objectives

The Project implementation will enable:

Enhancing the power flows from 350 MW up to about 1,000 MW between the Republic of Armenia and the Islamic Republic of Iran

Increasing the reliability and stability of parallel works of RA and IRI Energy systems

Increasing the Energy Security levelIncreasing the reliability and stability of Energy systems of RA by strengthening the North-South power connection of Republic

Using the entire volume gas pipeline capacity of Iran-Armenia in the framework of the program "Gas Towards Electricity“. Slide6

Expected Project Results

In the result of Project Implementation 400 kV double circuit OTL will enter into operation with the length of 268 km from “

Ddmashen” substation up to the southern border of RA (

Agarak) and after construction of Armenia-Georgia 400kV OTL Armenia will become a transit country of Energy power. Slide7

Project Implementation Deadlines

According to Performance schedule,

Loan Project of Construction of Iran-Armenia 400kV third power transmission line (“

Noravan

’’

400/220/20

kV) and related substation