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Iran to increase electricity export to $4 billion

Oil&Gas Materials 10 October 2011 18:32 (UTC +04:00)

Azerbaijan, Baku, Oct. 10/Trend A. Gurbanova/

Iran's power industries export will increase to $4 billion in current solar year (started on March 20, 2011), Mehr News Agency reported quoting Deputy Energy Minister Mohmmad Behzad as saying.

"Iran's electricity export is estimated to $1 billion this solar year and the country is expected to export technical and engineering services in power sectors worth $3 billion," he added.

By removal of subsides the rate of power consumption in the country reduced and created good opportunity for export.

Iran is exporting electricity to Armenia, Pakistan, Turkmenistan, Azerbaijan , Turkey, Iraq and Afghanistan

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