Azerbaijan, Baku, Sept. 26 / Trend, N. Umid
Neighboring countries owe Iran $500 million for electricity imports, the managing director of Iran Power Generation Transmission and Distribution Management Company (TAVANIR), Homayoun Haeri said, Iranian Donya-e-eqtesad newspaper reported.
Haeri went on to note that, Iraq shares some $400 millions of the figure.
Iran exports $800 millions worth of electricity to neighboring countries each year, he added.
Iran has exported 11.054 billion kilowatt hours of electricity to its neighboring countries during last solar year (ended on March 21). It also imported 3.968 billion kilowatt hours of electricity last year showing an eight percent rise year on year.
Iran currently trades power with Turkey, Azerbaijan, Armenia, Turkmenistan, Pakistan, Afghanistan, Syria, and Iraq.
The country's power generation capacity is currently at 68.38 GW.
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.