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Iran to export nuclear-produced electricity

Business Materials 2 April 2012 15:55 (UTC +04:00)

Azerbaijan, Baku, April 2 /Trend M. Moezzi/

Iran has announced that it will sell nuclear-produced electricity to its neighbors, Mehr news agency reported.

The energy ministry is working to diversify its electricity exports and will add electricity produced by the Bushehr nuclear power plant to its roster of thermal power, gas, combined cycle, and hydro power, said Deputy Energy Minister, Mohammad Behzad.

Last year (Iran's solar year ended on March 20) Iran signed new contracts to send electricity to Lebanon, Iraq, Syria and Pakistan and is looking into India's request for 6,000 megawatts of electricity.

Currently, Iran has the capacity to produce more than 65,000 megawatts of electricity. The country's own power consumption dropped about 10 percent last year in the wake of its targeted subsidies program which removed subsidies for energy and some commodities.

Iran's electricity exports to its neighbors last year grew almost 30 percent.

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