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Iranian cabinet approves 330 mln yuan for dam project

Business Materials 1 August 2012 13:39 (UTC +04:00)

Azerbaijan, Baku, Aug.1/ Trend F.Milad/

The Iranian administration approved allocating 330 million Chinese yuan for building a dam and a power plant in the northern city of Amol, the IRNA News Agency reported.

Three new power plants will come on stream in Iran by the end of the year (March 20, 2013), which will increase the country's power generation capacity by 4GW, the deputy energy minister said on July 13.

Mohammad Behzad told the Mehr News Agency that two 648-MW power plants have been inaugurated since the beginning of this year.

Iran is the top electricity producer in the Middle East, an official with Iran Power Development Company said on July 9.

Mahmoud Dashtbozorg told the IRNA News Agency that the country is the 15th largest electricity producer in the world.

The Energy Ministry will roll out power projects that will increase Iran's electricity generation capacity by 5 gigawatts (GW) this year, which began on March 20, Behzad said on April 3.

He added that over 10 GW should be added to the generation capacity of hydroelectric and thermal power plants by August 2013, the last month of President Ahmadinejad's administration, the Fars news agency reported.

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