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Iran exports 32 billion kilowatt hours of electricity in four years

Business Materials 5 October 2013 15:22 (UTC +04:00)

Azerbaijan, Baku, Oct. 5 /Trend R.Zamanov/

Iran exported some 32 billion kilowatt hours of energy in the four years period of the previous administration, deputy energy minister said on Saturday.

"Iran currently carries out technical and engineering services in the electricity sector in some 40 countries," the Mehr News Agency quoted Esmaeil Mahsouli as saying.

"Azerbaijan, Ethiopia, Armenia, Uzbekistan, South Africa, Afghanistan, Algeria, the United Arab Emirates, Bangladesh, Tajikistan, Pakistan, Turkmenistan, Sri Lanka, Syria, Iraq, Oman, Kenya, Lebanon, and Nigeria are among the countries that Iran is carrying out projects there," he said.

"Iran is performing 59 projects worth $3.2 billion in the destination countries," Mahsouli said, adding that 13 projects worth $1.4 billion had been completed.

The power generation capacity in Iran has grown by seven percent annually during the past 10 years. The figure has averaged 3.5 percent in the world.

Iran currently trades power with Turkey, Armenia, Turkmenistan, Azerbaijan, Pakistan, Afghanistan, Syria, and Iraq. In an effort to diversify its destination markets, Iran plans to export electricity to Europe and Africa.

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.

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

Iran plans to boost ‎its electricity generation capacity to ‎‎reach 73GW, by the end of the Fifth Five-Year Economic‎Development Plan (March ‎‎2016).

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