On November 21, the Armenian government approved an energy project to construct a new 400 kV power transmission line to Iran. The project, financed through a state budget loan, will increase electricity transmission capacity between the two countries from 350 MW to 1,200 MW, Armenian local media reported.
The construction of the transmission line and its accompanying substation is planned to be completed in the shortest possible timeframe. According to the project, its implementation will not only enhance Armenia’s energy security but also fully utilize the Iran-Armenia gas pipeline under the "Gas for Electricity" program.
The new infrastructure is expected to significantly improve the reliability and resilience of Armenia’s energy system while creating new opportunities to expand energy cooperation with Iran.
Earlier, BMG reported that the construction of this power line has been ongoing for several years, facing multiple challenges. Armenian officials have frequently cited the lack of a contractor and the theft of parts of the transmission infrastructure within Armenia as key issues.
The project is also intended to support the development of the North-South Energy Corridor, which aims to connect the power grids of Iran, Armenia, Georgia, and Russia.