Iran's daily trade of electricity hits 1.668GW

Business Materials 30 March 2013 11:56 (UTC +04:00)

Azerbaijan, Baku, Mar.30/ Trend G.Mehdi/

Iran traded 1.668 gigawatts (GW) of electricity with its neighboring countries on Friday, IRNA reported.

The country exported 1.228 GW of electricity to Afghanistan, Iraq, Pakistan, Armenia, and Turkey, while imported 440 megawatts (MW) of electricity from Armenia and Turkmenistan.

Iran traded over 10 gigawatts (GW) of electricity with its neighboring countries during the first six days of the current Iranian calendar year, which started on March 21, the Fars News Agency reported.

Iran exported 7.857 GW of electricity and imported 2.182 GW of electricity during the 6-day period.

Iran has constructed power plants twice as many as the average number of power plants which have been constructed in the world during the past decade, the Mehr News Agency quoted deputy energy minister Mohammad Behzad as saying.

The power generation capacity in Iran has grown by 7 percent annually during the past 10 years, he said, adding that the figure has averaged 3.5 percent in the world.

The country's power generation capacity is currently at 68.38 gigawatts, he added.

Iran currently trades power with Turkey, Armenia, Turkmenistan, Azerbaijan (including Nakhchivan Autonomous Republic), Pakistan, Afghanistan, Syria, and Iraq.

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 power plants.