Iran’s annual electricity exports to hit $1b: official

The value of Iran’s electricity exports will hit $1 billion by the end of the current Iranian calendar year (March 20), the Fars News Agency quoted deputy energy minister Mohammad Behzad as saying.

He added that since the beginning of the current Iranian calendar year, Iran has exported over 9.2 gigawatt hours of electricity to neighboring countries.
The amount showed a 33 percent increase in comparison to the same period in the previous year, he noted.
The managing director of the Iran Power Generation Transmission and Distribution Management Company (TAVANIR), Homayoun Haeri, announced on December 15, 2012 that Iran currently trades 12.3 gigawatt hours of electricity with neighboring countries, namely Turkey, Armenia, Turkmenistan, Azerbaijan, Pakistan, Afghanistan, Syria, Nakhchivan and Iraq.
Iran seeks to become a major regional exporter of electricity and has attracted more than $1.1 billion in investments for the construction of three new power plants.
Iranian Energy Minister Majid Namjou has said previously that by the end of the Fifth Five-Year Economic Development Plan (March 2016), Iran will have boosted its electricity generation capacity by 25GW to reach 73GW.
Source: Tehran Times

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