Iran to invest in building solar and wind powerplants in Pakistan

Oil&Gas Materials 29 September 2012 11:31 (UTC +04:00)

Azerbaijan, Baku, Sep.29/ Trend F.Milad/

Iran has exported 34 electric generators to Pakistan, chairman of Tehran Chamber of Commerce, Industries and Mines Yahya Al-e Es'haq stated.

"The negotiations are underway to establish a power plant in Pakistan, as well," Yahya Al-e Es'haq said, ISNA reported.

"Iran has the potential to invest in building solar and wind power plants in Pakistan," he noted.

"On June 2, Iran signed an agreement with Pakistan to increase electricity exports to its eastern neighbor to 1,000 megawatts," the Fars news agency reported, citing Iranian Deputy Energy Minister Mohammad Behzad.

"The countries will build a transmission line for electricity between the city of Zahedan in southeastern Iran and Quetta in western Pakistan," Behzad said.

The project will require an investment of $700 million and will be jointly financed by the two countries.

Iran has doubled its power exports to Pakistan to 70 megawatts a day since the start of Iranian year (March 20).