...

Iran's power export to Afghanistan to rise 1.5 times

Business Materials 5 April 2015 17:46 (UTC +04:00)

Baku, Azerbaijan, April 5

By Khalid Kazimov - Trend:

Iran's Khorasan Regional Electricity Company's Deputy CEO of Planning and Research Mostafa Rajabi Mashhadi said that Iran has exported 237 GW(gigawatts) of electricity to Afghanistan from the Razavi Khorasan power plant.

That was worth over $30 million, which is going to increase 1.5 times during the current Iranian calendar year (which will end March 20, 2016), the official said, IRIB news agency reported April 5.

He pointed out that the exported electricity comes from the power plant's domestic consumer surplus product.

Rajabi Mashhadi said that 60 percent of the province's electricity consumption belongs to the agricultural and industrial sections, whereas the rate is below 50 percent on the nationwide scale.

Iranian Deputy Minister of Energy Houshang Falahatian said that the country will boost its electricity production by 10 gigawatts in the first half of the current Iranian fiscal year (March 21 to September 22).

Iran added 1,558- MW of natural gas power plants, 644-MW of combined-cycle power plants and 520-MW of hydropower plants to its power generation capacity from March 21, 2014 to March 3, 2015.

The country 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.

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

Latest

Latest