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Iran, Afghanistan sign power transmission MoU

Business Materials 28 January 2013 16:44 (UTC +04:00)

Azerbaijan, Baku , Jan.28 / Trend F.Milad /

The neighboring states of Iran and Afghanistan signed a memorandum of understanding for electricity transmission in Kabul on Monday.

Iranian Minister of Energy Majid Namjou and Afghan Minister of Energy and Water Mohammad Esmail Khanran inked the MoU, the IRIB News Agency reported.

Based on the signed MoU, Tehran agreed to increase its daily electricity exports to Kabul up to 164 MW.

Iran exported 8.388 gigawatt hours of electricity to neighboring countries in the first nine months of current Iranian calendar year, which began on March 20.

The amount shows 37 percent increase in comparison to the same period previous year.

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

Tehran 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 power plants.

Iran will inaugurate some new power plants by the end of current Iranian calendar year (March 20) in order to boost its power generation capacity by 2,000 MW, deputy energy minister said last week.

So far, some 3,000 MW have been added to the nation's power generation capacity from the beginning of the current calendar year, the ISNA News Agency quoted Mohammad Behzad as saying.

Based on the Fifth Five-Year Economic Development Plan, Iran should annually add 5,000 MW to its power generation capacity.

Currently, Iran's power generation capacity is about 67 gigawatts.

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