BELARUS NEWS AND ANALYSIS

DATE:

07/08/2007

Iran may invest 100 mln euros in Belarus hydro plants

MINSK. Aug 7 (Interfax) - Iran plans to take part in projects to build hydro power plants in Belarus and has said it is ready to invest about 100 million euros, a source in Belarusian state company Belenergo told Interfax.

"Representatives from an Iranian parliamentary delegation and business circles held talks with the Belarusian Energy Ministry, during which they discussed options for Iran to take part in energy projects in Belarus," the source said. He said that "during the talks the Iranian side proposed to consider the possibility of Iranian companies participating in the construction of hydro power plants in Belarus and said that it is ready to invest about 100 million euros in these projects."

"At the moment in Belarus there are only two hydro construction projects at a high level of preparedness - Grodno and Polotsk hydro plants. These plants are of interest to potential investors," the source said.

Belarus plans to build other hydro infrastructure in the future "but for the moment these projects are in the distant future."

The Iranian delegation is in Belarus from August 5 to 9. rd

Source:

http://www.interfax.ru/e/B/finances/26.html?id_issue=11806505