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Iran electricity exports to neighbors up by 40%

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  • Iran electricity exports to neighbors up by 40%

    Iran electricity exports to neighbors up by 40%
    Economic Desk

    http://www.tehrantimes.com/economy-and-business/103846-iran-electricity-exports-to-neighbors-up-by-40
    On Line: 08 December 2012 16:31
    In Print: Sunday 09 December 2012


    Iran's electricity exports to neighboring states have increased by
    about 40 percent as the Islamic Republic is helping them overcome
    regular power outages.

    Iran has boosted its power output in recent years and exported 7,668.9
    gigawatt hours (GWh) of electricity to its neighbors since the
    beginning of the current Iranian calendar year (started March 20,
    2012).

    Iran's power exports this year have been 39.22 percent higher compared
    to the same period a year ago when the country exported some 5,508.3
    GWh of electricity to neighboring states.

    Iran is currently exchanging electricity with Afghanistan, Armenia,
    Azerbaijan, Iraq, Pakistan, Turkmenistan and Turkey.

    Earlier in February, Iran's Energy Minister Majid Namjou said the
    country was planning to export electricity to Syria and Lebanon
    through Iraq's power grid.

    He added that Iran is capable of exporting 1,000 megawatts (MW) of
    electricity to Iraq, adding that Syria had also requested 500 MW of
    electricity.

    Seeking to become a major regional exporter of electricity, Iran has
    attracted more than USD1.1 billion in investments to build three new
    power plants.

    According to the Iranian energy minister, by the end of the 5th
    Economic Development Plan (2011-2015), Iran will boost its electricity
    generation capacity by 25 gigawatts to reach 73 gigawatts.

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