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Iran trades 1.844 GW of electric power with neighbors

Business Materials 20 January 2013 11:09 (UTC +04:00)

Azerbaijan, Baku, Jan. 20 / Trend F.Mehdi/

Iran has traded 1.844 gigawatts of electricity with its neighboring countries since the beginning of the current Iranian calendar year (March 20, 2012), IRNA reported on Saturday.

According to Iran's Energy Ministry, the country exported 1,661 gigawatts of electricity on Friday to Afghanistan, Iraq, Pakistan, Armenia, and Turkey, and imported 183 megawatts of electricity from Armenia and Turkmenistan.

Iran's electricity exports to neighboring countries have increased by about 34 percent since the beginning of the year.

On January 7, 2013, Iran's Energy Minister Majid Namjou said the country's power exports will increase by the end of the current Iranian calendar year (March 20, 2013).

Seeking to become a major regional exporter of electricity, Iran has attracted more than USD 1.1 billion in investments to build three new power plants.

According to the Iranian energy minister, by the end of the Fifth Economic Development Plan (March 2010-March 2015), Iran will boost its electricity generation capacity by 25 gigawatts to reach 73 gigawatts.

Iran is currently trading electricity with Armenia, Pakistan, Turkmenistan, Turkey, Azerbaijan, Nakhchivan, Iraq and Afghanistan.

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