Iran’s hydroelectric power generation capacity rises 9.5%

Business Materials 21 July 2014 12:55 (UTC +04:00)

Baku, Azerbaijan, July 21

By Fatih Karimov - Trend:

Iran's hydroelectric power generation capacity has increased 9.5 percent in the current year.

Iran's hydroelectric power plants have generated 5.544 billion kilowatt hours of electricity since the beginning of the current Iranian calendar year (March 21), the Mehr news agency reported on July 21.

The country's hydroelectric power output stood at 14.6 billion kilowatt hours in the past year.

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 is currently the biggest electricity producer in the Middle East.

Iran's total electricity generation currently stands at 70,000 megawatt hours.

Iran currently trades power with Turkey, Armenia, Turkmenistan, Azerbaijan, 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.