Iranian electricity exchange with neighbors hits 1949 MW on Tuesday

Business Materials 10 October 2012 18:20 (UTC +04:00)

Azerbaijan, Baku, Oct.10/ Trend G.Mehdi/

Iran has transacted 1949 megawatts (MW) of electricity with its neighboring countries on Tuesday, IRNA reported on Wednesday.

Turkmenistan and Iraq were the main exporter and importer of electricity to and from Iran, with 286MW and 1135MW, respectively.

Last year, Iran exported 8.6 billion kilowatt hours of electricity to its neighboring countries and the figure is projected to hit 10 billion kilowatt hours, Energy Minister Majid Namjoo noted.

By the end of the Fifth Five-Year Economic Development Plan (March 2016), Iran will boost its electricity generation capacity by 25GW to reach 73GW, Namjoo said on February 7.

Iran currently trades power with Turkey, Armenia, Turkmenistan, Azerbaijan, Pakistan, Afghanistan, and Iraq.