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Iran’s daily electricity trade with neighbors hits 1.7GW

Business Materials 7 April 2015 19:52 (UTC +04:00)

Baku, Azerbaijan, Apr. 7

By Fatih Karimov - Trend: Iran's daily electricity trade with its neighboring countries amounted to 1.725 gigawatts on April 7.

Iran exported 1.095 gigawatts (GW) of electricity to Afghanistan, Iraq, Pakistan, Armenia and Turkey and imported 630 megawatts of electricity from Armenia and Turkmenistan on the same day, Iran's IRIB reported on April 7.

So, Iran's electricity trade with the neighboring countries showed a positive balance of 465 megawatts.

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

Iran seeks to become a major regional exporter of electricity and has attracted more than $1.1 billion worth investments for the construction of three new power plants.

The country's production capacity has surpassed 70,000 megawatt (263 billion Kwh).

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