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

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

    Iran's annual electricity exports to hit $1b: official
    Economic Desk

    http://www.tehrantimes.com/economy-and-business/105487-irans-annual-electricity-exports-to-hit-1b-official
    On Line: 10 February 2013 15:15
    In Print: Monday 11 February 2013


    TEHRAN - 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.

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