Azerbaijan, Baku, Oct.28/ Trend G.Mehdi/
The private sector in Iran will establish eight power plants, of which three will be built in the near future, IRNA quoted Energy Minister Majid Namjou as saying.
The power plant projects will be financed by the National Development Fund, he said, adding that the project swill add 12 gigawatts (GW) to the national power generation capacity.
Previously, Namjou said Iran's installed power generation capacity is currently about 67 GW.
According to him, the Energy Ministry plans to increase the electricity generation capacity by 5 GW this calendar year, which ends on March 20, 2013.
Iran will sell shares of forty four power plants, worth 220 trillion rials (about $18 billion) to the private sector, IRNA reported on Saturday.
The power plants have the total generation capacity of 34 GW.