Azerbaijan, Baku, Jan.2/ Trend F.Milad
Iran has produced 203,052.4 gigawatt hours of electricity from the beginning of the current Iranian calendar year (March 20, 2012) until January 1, 2013.
The amount shows 5.84 percent increase compared to the same period of the previous year, the IRNA News Agency reported.
The output of thermal and hydroelectric power plants accounted for 193,302.9 and 9,749.5 gigawatt hours of the mentioned figure, respectively.
Iran's installed power generation capacity is currently about 67 gigawatts (GW) per day.
The Energy Ministry plans to increase the electricity generation capacity by 5 GW this calendar year, which ends on March 20, 2013.
Iran also needs to invest in different power-related projects such as gas power plants, combined cycle power plants, hydroelectric power plants and wind power plants in order to diversify the needed fuels, he said.
The managing director of Iran power generation transmission and distribution management company (TAVANIR), Homayoun Haeri, announced on December 15, 2012, that Iran currently trades 12.3 gigawatt hours of electricity with neighboring countries.
The managing director of Iran Power Plant Projects Management Company (MAPNA), Abbas Aliabadi said earlier this month that the country needs to find some ways in order to make the electricity production process cheaper.
Aliabadi went on to note that electricity is vital for a country's development, and fuel is the key factor in generating electricity.
"If Iran uses coal, it can produce some 40-43 percent of its electricity and will continue this process until 2040," he explained.
Homayoun Haeri had said in January that Iran will exchange up to 15 billion kilowatt hours (BkWh) of electricity with its neighboring countries by the end of the current calendar year (March 19, 2012), up 50 percent year on year.
Iran seeks to become a major regional exporter of electricity and has attracted more than $1.1 billion in investments for the construction of three new powerplants.
By the end of the Fifth Five-Year Economic Development Plan (March 2016), Iran will boost its electricity generation capacity by 25 GW to reach 73 GW, Iranian Energy Minister Majid Namjou said on February 7.